India’s forex reserves jumped by $6.992 billion to $692.721 billion during the week ended May 23, the RBI said on Friday, May 30.In the previous reporting week ended May 16, the overall reserves had dropped by $4.888 billion to $685.729 billion. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. For the week ended May 23, foreign currency assets, a major component of the reserves, increased by $4.516 million to $586.167 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency...
India's forex reserves jumped by $6.992 billion to $692.721 billion during the week ended May 23, the RBI said on Friday.In the previous reporting week ended May 16, the overall reserves had dropped by $4.888 billion to $685.729 billion. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024.
For the week ended May 23, foreign currency assets, a major component of the reserves, increased by $4.516 million to $586.167 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include...
India’s foreign exchange reserves dropped by $4.888 billion to $685.729 billion in the week ending May 16, according to the Reserve Bank of India. | Photo Credit: Dado Ruvic/Reuters India's forex reserves dropped USD 4.888 billion to USD 685.729 billion for the week ended May 16, the Reserve Bank of India said on Friday.The overall reserves jumped by USD 4.553 billion to USD 690.617 billion in the previous reporting week. The forex reserves touched an all-time high of USD 704.885 billion in September 2024.For the week ended May 16, foreign...