Mumbai: State foreign exchange reserves increased by $ 1.883 billion to touch a record high of $ 611.895 billion in the week ended July 9, RBI data showed on Friday.
The previous week ended July 2, the reserve has surged with $ 1.013 billion to $ 610.012 billion.
In the reporting week ended July 9, the increase in forex reserves was taken into account the increase in foreign currency assets (FCA), the main component of the overall reserve, the Bank of India (RBI) backup data showed.
FCA rose $ 1.297 billion to $ 568.285 billion on week reporting.
Stated in the term dollar, foreign currency assets include the effect of appreciation or depreciation of non-US units such as the euro, pounds and yen held in foreign exchange reserves.
Gold reserves rose $ 584 million to $ 36.956 billion on week reporting, according to data.
Special image rights (SDR) with the International Monetary Fund (IMF) remain unchanged at $ 1.547 billion.
The position of the state reserves with the IMF increased by $ 3 million to $ 5.107 billion on week report, data showed.
Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…
SonÄ«pat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…
PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…
Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…
Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…
Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…