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Foreign exchange reserves rises by $34.1 billion: RBI data
In the first quarter of FY22, the current account balance posted a $6.5 billion as surplus, against a $19.1 billion surplus in the year ago quarter
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Forex reserves zoom to record high of $612.73 billion
FCA rose by $463 million to $568.748 billion in the reporting week
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Forex reserves rise by $1.013 bn to record high of $610 bn
Foreign currency assets surged by $748 million to $566.988 billion, as per weekly data by the Reserve Bank of India
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Forex reserves cross $600 billion mark for first time
The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets
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India’s forex reserves near $600 billion, increase $563 million to $590.028 billion
Most of the reserves are usually held in US dollars given the currency’s importance in the international financial and trading system
