Indias foreign exchange reserves climbed for the sixth consecutive week to a record high of $692.3 billion as of September 20, according to data released by the Reserve Bank of India on Friday (September 27).
The reserves increased by $2.84 billion during the week, following a total rise of $19.3 billion over the previous five weeks.
Foreign currency assets, the largest component of the reserves, rose to $605.7 billion from $603.6 billion in the previous week.
Click here to connect with us on WhatsApp
Gold reserves increased, climbing to $63.6 billion from $62.9 billion. Special Drawing Rights (SDRs) stood at $18.5 billion, up from $18.4 billion.
Meanwhile the reserve tranche position with the International Monetary Fund (IMF) fell slightly to $4.46 billion from $4.52 billion.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
 "India vs Bangladesh 2nd Test, Kanpur")
 "Najmul Hossain Shanto")
 "Ashneer Grover")
 "Money, Loan, Economy")
 "Fishermen, Indian fishermen")
