Forex reserves surge to $581.21 b

PTI Mumbai | Updated on April 16, 2021

After declining for two consecutive weeks, the country’s forex reserves surged $4.34 billion to $581.21 billion in the week ended April 9, according to the latest RBI data.

In the previous week, ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion. They had dropped by $2.99 billion to $579.28 billion in the week ended March 26.

In the reporting week ended April 9, the increase in forex reserves was on account of a rise in foreign currency assets.

Published on April 16, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like