Forex

Forex reserves zoom to $612.73 billion

PTI Mumbai | Updated on July 23, 2021

The country’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, RBI data showed.

In the previous week ended July 9, the reserves had surged by $1.883 billion to $611.895 billion. The increase in forex reserves was on account of the rise in foreign currency assets (FCA). The FCA rose by $463 million to $568.748 billion in the reporting week.

Published on July 23, 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