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    Home»Featured»Forex reserves at new record level
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    Forex reserves at new record level

    Finance KhabarBy Finance KhabarJuly 11, 2021No Comments1 Min Read
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    Forex reserves at new record level
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    Mumbai: According to the data released by the Reserve Bank, the country’s reserves of foreign exchange increased by $ 1.01 billion to a new record level of $ 610.01 billion in the week ended June 02. Earlier, in the week ended June 25, it had risen by $5.07 billion to $609 billion.

    The foreign exchange asset, the largest component of foreign exchange reserves, rose by $ 748 million to $566.99 billion during the week ended July 02. During this, gold reserves also increased by $ 76 million and reached $ 36.37 billion.

    Reserves with the International Monetary Fund rose by $139 million to $5.11 billion. The special drawing rights increased by $49 million to $1.55 billion.

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