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Foreign exchange reserves increase by $1.148 billion, shows RBI data
September 03, 2017
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MUMBAI: India’s foreign exchange (Forex) reserves kitty increased by $1.148 billion as on August 25, 2017, an official data showed.

The Reserve Bank of India’s (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose to $394.55 billion from $393.40 billion reported for the week ended August 18. India’s Forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and the RBI’s position with the International Monetary Fund (IMF).

Segment-wise, FCAs — the largest component of the Forex reserves — augmented by $1.142 billion to $370.83 billion during the week under review.

Reuters

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