India’s government treasury again increased, foreign exchange reserves are $ 692.72 billion

India’s Foreign Exchange Reserves: The country’s foreign exchange reserves rose $ 6.99 billion to $ 692.72 billion in the week ended May 23. Earlier, the total foreign exchange reserves fell by $ 4.89 billion to $ 685.73 billion in the week ended May 16. In the end of September 2024, the foreign exchange reserves reached an all -time high of $ 704.88 billion. The price of gold reserves increased by $ 2.37 billion to $ 83.58 billion in the week under review. Special Drawing Rights (SDR) rose $ 8.1 million to $ 18.57 billion.

The Reserve Bank of India (RBI) gave this information on Friday. According to the Reserve Bank data, a major part of the foreign exchange reserves increased by $ 45.16 million to $ 586.17 billion in the week ended May 23. Forex assets mentioned in terms of dollars include the effects of the decrease of non-American currencies such as euros, pounds and N placed in foreign exchange reserves.

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The price of gold reserves increased by $ 2.37 billion to $ 83.58 billion in the week under review. Special Drawing Rights (SDR) rose $ 8.1 million to $ 18.57 billion. According to the central bank data, India’s reserved reserves with the International Monetary Fund (IMF) also increased to $ 350 billion in the week under review. (Language)
Edited by: Chetan Gour