Mumbai - Forex reserves jumped by $9.69 billion to hit an all-time high of $666.85 billion as of July 12, data shared by the Reserve Bank of India showed. Previously, forex reserves had soared by $5.16 billion to $657.16 billion for the week ending on July 5.
According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) increased by $8.36 billion to $5585.47 billion. Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
