Representative image 
Business

India's foreign exchange reserves rise by USD 289 mn

India's foreign exchange reserves rose by $289 million during the week ended November 19.

migrator

Mumbai

The Reserve Bank of India's forex reserves increased to $640.401 billion from $640.112 billion reported for the week ended November 12.

India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $225 million to $575.712 billion.

Similarly, the value of the country's gold reserves gained by $152 million to $40.391 billion.

On the other hand, the SDR value dipped by $74 million to $19.110 billion, while the country's reserve position with the IMF inched down $13 million to $5.188 billion.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Summer incentive of Rs 2,000 extended to beneficiaries of the State’s monthly pension schemes, says CM Stalin

After three days of anxiety, Dubai flight brings 217 stranded passengers home to Chennai

'Avoid Embassy until further notice': US Embassy in Saudi Arabia tells Americans

Law college student killed in car crash near Kotturpuram; four injured

Emirates flight returns mid-air to Chennai after Dubai shuts airspace again