Foreign exchange reserves increased by 3.03 billion to $ 576.8 billion
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Mumbai (Best Hindu News): The country’s foreign exchange reserves increased by $ 3.03 billion at the end of January 27 due to a huge increase in foreign currency assets, gold reserves, special drawing rights (SDRs) and reserves with the International Monetary Fund (IMF). reached $ 576.8 billion, while it increased by $ 1.73 billion to $ 573.73 billion in the previous week.
According to the weekly data released by the Reserve Bank, foreign currency assets, the largest component of foreign exchange reserves, increased by $ 2.7 billion to reach $ 509.02 billion in the week ended January 27. Similarly, gold reserves increased by $316 million during this period to reach $44.03 billion.
Similarly, during the week under review, the Special Drawing Rights (SDRs) increased by $46 million to reach $18.5 billion. Reserves with the International Monetary Fund (IMF) increased by $11 million to $5.24 billion during this period.
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