Saturday, June 28, 2025
spot_img

India’s forex reserves rises over $2 bn

Date:

Share post:

spot_imgspot_img

Mumbai, Feb 11:  India’s foreign exchange reserves rose by $2.198 billion during the week ended February 4.

The Reserve Bank of India’s forex reserves increased to $631.953 billion from $629.755 billion reported for January 28.

The country’s forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country’s reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $2.251 billion to $568.329 billion. However, the value of the country’s gold reserves decreased by $210 million to $39.283 billion.

The SDR value rose by $98 million to $19.108 billion and the country’s reserve position with the IMF increased by $59 million to $5.233 billion.
IANS

spot_imgspot_img

Related articles

Death of 5 tigers: Two arrested for poisoning big cats in revenge for cow’s killing

Bengaluru, June 28: The Forest and Police authorities have cracked the sensational case involving the death of a...

Meghalaya set to get back five villages from Assam

Border pact with Assam by August 15, says Paul Lyngdoh SHILLONG, June 27: The state government said that five...

Forced to do menial work, 2 HNLC cadres surrender

SHILLONG, June 27: Two cadres of the proscribed Hynniewtrep National Liberation Council (HNLC)— Dibarius Jyrwa (32) and Ridor...

MRSSA more potent than ILP in checking influx, says paul

SHILLONG, June 27: With pressure groups time and again raising the demand for inner line permit in Meghalaya,...