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Foreign exchange reserves reclaim $400-billion mark, says RBI
October 22, 2017
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MUMBAI: India’s foreign exchange (Forex) reserves kitty increased by $1.50 billion as on October 13, 2017, official data showed.

The Reserve Bank of India’s (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose to $400.29 billion from $398.79 billion reported for the week ended October 6.

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, augmented by $1.47 billion to $375.27 billion during the week under review.

Indo-Asian News Service

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