Foreign exchange reserves: According to the Reserve Bank data, the country’s gold reserves rose by $ 1.30 billion to $ 35.32 billion in the week under review.
The country’s foreign exchange reserves of the country increased by $ 4.34 billion to $ 581.21 billion in the week ended April 9. This information has been given in the data released on Friday of the Reserve Bank of India (RBI). In the week ended April 2, the foreign exchange reserves had decreased by $ 2.42 billion to $ 576.28 billion and in the week ended 26 March 2021, the foreign exchange reserves had decreased by $ 2.99 billion to $ 579.28 billion.
Foreign currency reserves stood at an all-time high of $ 590.18 billion for the week ended January 29, 2021. According to the Reserve Bank data, the increase in foreign currency assets (FCA) in the week under review ended April 9, 2021 has led to an increase in foreign exchange reserves. Foreign currency assets are the main part of the total foreign exchange reserves.
Gold reserves reached $ 35.32 billion
According to the Reserve Bank’s weekly data, FCA increased by $ 3.02 billion to $ 539.45 billion in the reporting period. The FCA is denominated in dollars, but includes other foreign currency assets such as the euro, pound and yen. According to the Reserve Bank data, the country’s gold reserves rose by $ 1.30 billion to $ 35.32 billion in the week under review.
India’s special withdrawal increased by $ 6 million in IMF
According to the data, the special withdrawal rights received in the International Mundra Fund (IMF) increased by $ 6 million to $ 1.49 billion in the week under review. Similarly, the reserve reserves with the IMF also increased by $ 24 million to $ 4.95 billion.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
