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Tag Archives: currency reserves

India’s Forex reserves up by $1.61 billion

Reserve Bank of India

MUMBAI: Foreign exchange reserves grew by $1.61 billion to $296.05 billion for the second consecutive week on the back of a rise in the core foreign currency assets. The total reserves had risen by $55.8 million to $293.44 billion in the previous reporting week, according to the RBI data. Foreign currency assets, a major component of the forex reserves, rose ... Read More »