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According to the Reserve Bank of India's weekly statistical supplement, the reserves increased to $545.038 billion from $541.660 billion reported for the week ended September 11. On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $3.943 billion to $501.464 billion ... India's forex reserves up by $3.378 billion to record $545.038 billion During the reporting week, the forex kitty rose mainly due to an increase in foreign currency assets (FCA), a major component ... India’s forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the nation's reserve position with the International Monetary Fund (IMF). Weekly Statistical Supplement WSS - Extract. 25 Sep 2020; Foreign Exchange Reserves: 9 kb: 867 kb: 18 Sep 2020; Foreign Exchange Reserves The rising forex reserves give a lot of comfort to the government and the Reserve Bank of India in managing India’s external and internal financial issues at a time when the economic growth is set to contract by 1.5 per cent in 2020-21.
India's Forex Reserves surge to all time high of $493.48 ...
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