HomeEconomicsForex reserves jump $6.5 bn, greatest weekly gain in a year.

Forex reserves jump $6.5 bn, greatest weekly gain in a year.

Economics

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By lapaasindia
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  • India’s foreign exchange reserves rose $6.56 billion to $531.08 billion in the week ended October 28, RBI data showed Friday.
  • This is the largest weekly currency reserve gain in over a year.
  • Gold reserves surged $556 million to $37.76 billion while foreign currency assets rose $5.77 billion to $470.84 billion.

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