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TMI BlogForex kitty rises by USD 305 mn to USD 654.271 bnX X X X Extracts X X X X X X X X Extracts X X X X ..... Forex kitty rises by USD 305 mn to USD 654.271 bn X X X X Extracts X X X X X X X X Extracts X X X X ..... o years. The spike in foreign reserves was partly attributed to the USD 10 billion forex swap done by the Reserve Bank of India. The reserves have been on a declining trend recently due to revaluation, along with forex market interventions by the RBI to help reduce volatilities in the rupee. The forex reserves increased to an all-time high of USD 704.885 billion in September 2024. For the week e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nded March 14, foreign currency assets, a major component of the reserves, decreased by USD 96 million to USD 557.186 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves increased by USD 66 million to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... USD 74.391 billion during the week, the RBI said.
The Special Drawing Rights (SDRs) were up by USD 51 million to USD 18.262 billion, the apex bank added.
India's reserve position with the IMF was also up by USD 283 million at USD 4.431 billion in the reporting week, the apex bank data showed. PTI AA BAL BAL X X X X Extracts X X X X X X X X Extracts X X X X
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