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Home > All news > Business > Forex reserves snap 2-week decline, jump $5.9 bn to $595 bn

Forex reserves snap 2-week decline, jump $5.9 bn to $595 bn

June 11, 2023
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Mumbai - Snapping a two-week falling streak, India's foreign exchange reserves saw a rise of $5.929 billion and stood at $595.067 billion as on June 2, 2023, as per Reserve Bank of India data updated.

India's forex reserves hit a one-month low as they declined $4.339 billion to $589.138 billion in the week that ended on May 26, 2023.

India's foreign currency assets, the biggest component of the forex ..
India's gold reserves rose by $655 million, taking the overall levels to $45.557 billion. Meanwhile, SDRs fell by $6 million, to $18.186 billion.

India's reserve position in the IMF improved by $10 million to $5.123 billion.

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