look news india
Mumbai/New Delhi, 30 August (HS). There is good news on the economic front. The country's foreign exchange reserves have jumped by more than $ 7.02 billion to a new record high of $ 681.68 billion in the week ended August 23. The total foreign exchange reserves had increased by $ 4.54 billion to $ 674.66 billion in the previous week.
The Reserve Bank of India (RBI) on Friday said in its data that the country's foreign exchange reserves have increased by more than $ 7.02 billion to $ 681.68 billion in the week ended August 23. According to the data, during this period, foreign currency assets (FCA), which is considered an important part of the currency reserves, have increased by $ 5.98 billion to $ 597.55 billion.
According to RBI, the reserve value of gold reserves increased by $893 million to $60.99 billion in the week ended August 23. During this period, the Special Drawing Right (SDR) increased by $118 million to $18.45 billion. Apart from this, India's reserve stock kept with the International Monetary Fund (IMF) increased by $30 million to $4.68 billion.
