
India's Forex Reserves Rise To 702.784 Bln USD
New Delhi: India's foreign exchange (forex) reserves increased by 4.849 billion US dollars to 702.784 billion US dollars during the week ended June 27, revealed the country's central bank, the Reserve Bank of India's (RBI) latest weekly bulletin.
This was the second consecutive week when India's forex reserves had increased.
According to the RBI's data, the foreign currency assets rose by 5.754 billion US dollars to 594.823 billion US dollars, while the Gold reserves decreased by 1.239 billion U.S. dollars to 84.504 billion US dollars.
The special drawing rights increased by 158 million US dollars to 18.830 billion US dollars, and the country's Reserve Position at the International Monetary Fund rose by 176 million US dollars to 4.628 billion US dollars.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Multibank Group Announces 7 Million $MBG Tokens Sold Out In Under One Hour During Initial Pre-Sale
- NEXBRIDGE And NEXPLACE Raise $8M Series A To Launch Integrated Bitcoin Capital Markets Ecosystem
- Bydfi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy
- Bitget Launches USELESSUSDT Perpetual Futures With Trading Bot Support
- Kucoin Launches Xstocks, Delivering A One-Stop Access Point To Top Global Tokenized Equities
- From Almaty To Stanford: Freedom Holding Becomes A Global Business Case Study
Comments
No comment