Forex kitty swells by $14.7 bn, biggest rise since August 2021
Financial Express Mumbai|November 19, 2022
FOREIGN EXCHANGE RESERVES jumped by a whopping $14.7 billion for the week ended November 11, its biggest weekly increase since August 2021.
Forex kitty swells by $14.7 bn, biggest rise since August 2021

The last time forex reserves shown a jump of this magnitude was for the week ended August 27, 2021, when reserves had increased by $16.6 billion.

Reserves have reported a weekly increase six times so far in FY23. Prior to this, they had risen by $6.6 billion for the week ended October 28.

Forex reserves stood at $544.7 billion for the reporting week, according to the latest data from the Reserve Bank of India (RBI).

The increase was mainly on account of a jump of $11.8 billion in foreign currency assets and $2.6 billion in gold assets.

هذه القصة مأخوذة من طبعة November 19, 2022 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 19, 2022 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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