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

Salman Khan: After the clash on 'Inshallah', Salman again shook hands with Bhansali. Will work together on a new project

Bollywood's Dabangg Khan i.e. Salman Khan after the film 'Kisi Ka Bhai Kisi Ki Jaan' is now in di

IPL 2025 Dance: After becoming champions, Bangalore players danced a lot, family members also supported them, two videos surfaced

Royal Challengers Bangalore players danced a lot after winning the IPL 2025 title. Its video has

Taliban clarifies on the ban in women's university: Girls don't wear hijab from home, wear such clothes as if they have come to marriage

University education for girls has been completely banned in Afghanistan. A day later, Higher Edu

45 pistols were recovered from Delhi airport, the flight was loaded from Vietnam; the husband and wife arrested

Customs officials on Wednesday busted arms smuggling and recovered 45 pistols at the Indira Gandh

Hearing in SC against forcible conversion today: Central government has to file an affidavit, court had said – take necessary steps

There will be a hearing in the Supreme Court today in the case of forced conversion. During the l

Bigg Boss 17: Mannara insulted Abhishek's party! Trolled for calling herself a winner, Munawwar taunted

Bigg Boss 17 is over, but the contestants of the show remain in the limelight. There was tension

Sidhu Moosewala's parents left the country: left for England from Chandigarh, gave an ultimatum to the government a few days ago

Punjabi singer Sidhu Moosewala's mother Charan Kaur and father Balkaur Singh left for the UK on F

The second case of monkeypox found in Kerala, the patient identified at the airport

The second case of monkeypox has been found in the country. Both the cases have been found in Ker

IPL 2025: Ashwin expressed displeasure over Rishabh Pant's decision, justified Digvesh Rathi's runout appeal

The last league match of IPL 2025 was full of excitement. Royal Challengers Bangalore (RCB) defea

China: China is underreporting the number of deaths due to the COVID-19 epidemic: WHO

The World Health Organization said on Wednesday that although China is providing more information