0
Comment(s)
*
* The moderation of comments is automated and not cleared manually by indianexpress.com.
The special drawing rights (SDRs) with the International Monetary Fund (IMF) rose by $49 million to $1.548 billion. The country’s foreign exchange reserves swelled by $1.013 billion to touch a new high of $610.012 billion in the week ended July 2, as per Reserve Bank of India (RBI) data.
In the week ended June 25, the reserves had risen $5.066 billion to $608.999 billion.
During the reporting week, the rise in the forex kitty was mainly on account of a gain in foreign currency assets (FCA). FCA rose $748 million to $566.988 billion, as per data by the Reserve Bank of India (RBI). Gold reserves climbed $76 million to $36.372 billion in the reporting week.
The special drawing rights (SDRs) with the International Monetary Fund (IMF) rose by $49 million to $1.548 billion.
The reserve position with the IMF too increased by $139 million to $5.105 billion in the reporting week, the RBI data released on Friday showed.
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
