Categories: Business

Currency reserves increase $ 1.9 billion to $ 642 billion

Mumbai: Forex India reserves have increased by $ 1.919 billion to $ 642,019 billion for the week ended October 29 on a healthy increase in currency assets and gold value, the reserve bank said on Friday.
Overall reserves decreased $ 908 million to $ 640.1 billion at the end of the previous reporting week.
Foreign currency assets, the main part of the overall reserve, increased by $ 1.363 billion to $ 578.462 billion for weekly reporting, RBI said in weekly data.
Stated in the term dollar, foreign currency assets include the effect of appreciation or depreciation of non-US units such as euros, pounds and yen held in foreign exchange reserves.
The value of gold reserves increased by $ 572 million to $ 39.012 billion on week report, data showed.
Special image rights (SDR) with the International Monetary Fund (IMF) rose $ 17 million to $ 19.304 billion.
The position of the state reserves with the IMF increased $ 1 million to $ 5.242 billion in week reporting, data showed.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

SonÄ«pat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago