Business

Forex reserves hit $649 billion high

[ad_1]

The country’s foreign exchange reserves rose by nearly $3 billion over the week ended April 5 to a new high of $648.6 billion. The reserves have increased by $21.4 billion over the last 12 months. The increase was largely due to the increase in the value of RBI’s gold holdings, which went up by $2.4 billion during the week to $54.5 billion.


#Forex #reserves #hit #billion #high

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button