Forex Reserve: There was a jump in the foreign exchange reserves of the country, then it crossed $ 600 billion

Posted on 4th Jun 2022 03:39 pm by rohit kumar

The country's foreign exchange reserves have again jumped and it has again crossed $ 600 billion. If we look at the data released by the Reserve Bank of India (RBI), for the week ended May 27, the forex reserve has increased by $ 3.854 billion to $ 601.363 billion.

 

Significantly, in the last week also, there was a rise in foreign exchange reserves and it had increased by $ 4.230 billion to $ 597.509 billion. According to the report, this increase has been due to an increase in foreign currency assets (FCAs), which play a significant role in the total currency reserves. According to the data, FCAs rose by $3.61 billion to $536.988 billion in the week ended May 27.

 

According to RBI, an increase in gold reserves has also been registered. The country's gold reserve has increased by $94 million to $40.917 billion. Apart from this, the SDR deposited with the IMF increased by $ 132 million to $ 18.438 billion in the reporting week. While the currency reserves of the country kept with the International Monetary Fund increased by $ 18 million to $ 5.019 billion.

 

Also Read: SBI Research: Growth rate will be 7.5 percent this year, GDP size will increase by 16 percent

Other news

India-China: Foreign Minister Jaishankar met their Chinese counterpart amidst tension on the border, discussed these issues

The ongoing tension between India and China is not hidden from anyone. India has shown the mirror

Kho Gaye Hum Kahan: Saba Azad's song came into limelight, and Hrithik Roshan's reaction to girlfriend's song went viral

Kho Gaye Hum Kahan Trailer Launch: After the success of 'Dream Girl 2', Ananya Pandey is ready to

IND vs AUS: Ashwin's best performance in SENA countries came in day-night Tests, will he get a chance in Adelaide?

A five-match Test series is being played between India and Australia. In the first match played i

Mukesh Ambani: Reliance Chairman Mukesh Ambani receives threat for the third time after Rs 200 crore now demands Rs 400 crore

Veteran businessman and Reliance Industries Chairman Mukesh Ambani has once again received a thre

Petrol Diesel Price Today: Oil companies released the prices of petrol and diesel, know the prices of your city

Petrol Diesel Price: Oil companies have released the prices of petrol and diesel for today. Today

Military exercise between India and America on the China border: Soldiers of both countries arrived on LAC by Russian helicopter

Military exercise between India and America is going on near the China border in Auli, Uttarakhan

Udaipur Case: Statement of Amit Mishra, Irfan Pathan, and Venkatesh Prasad on Udaipur incident, said- the life of an innocent...

In Udaipur, Rajasthan, a man was slit to death for supporting Nupur Sharma's controversial statem

Kejriwal's suggestion - there should be a picture of Lakshmi-Ganesh on the currency: Delhi CM said - if both are blessed, the economy will improve

Delhi Chief Minister Arvind Kejriwal has appealed to the central government to print the picture

IMD Rainfall Alert: Heavy rain in these states for the next 5 days, Meteorological Department warns

IMD Rainfall Alert, Weather Forecast: Winter has started in the hilly states and there is light s

Top-5 factors for Team India's victory: Rahul returned to form, Virat's responsible innings; Arshdeep made a comeback in the match

Team India won a very important match against Bangladesh in the T20 World Cup on Wednesday. India