
India’s overseas trade reserves elevated by USD 963 million to USD 672.587 billion within the week ended June 19, in accordance to RBI data.
| Photograph Credit score:
LEE JAE WON
India’s forex reserves elevated by USD 963 million to USD 672.587 billion throughout the week ended June 19, the RBI stated on Friday.
Within the earlier reporting week, the general reserves had dropped by USD 9.985 billion to USD 671.625 billion.
For the week ended June 19, overseas foreign money property, a significant element of the reserves, decreased by USD 3.072 billion to USD 541.217 billion, in accordance to the RBI.
Expressed in greenback phrases, the overseas foreign money property embody results of appreciation or depreciation of non-US items, such because the euro, pound, and yen, held in overseas trade reserves.
Nevertheless, the worth of gold reserves elevated by USD 4.110 billion to USD 107.930 billion throughout the week, the RBI stated.
The Particular Drawing Rights (SDRs) have been down USD 52 million to USD 18.647 billion, the apex financial institution stated.
India’s reserve place with the IMF slipped USD 22 million to USD 4.793 billion within the reporting week, in accordance to the apex financial institution’s data.
Printed on June 26, 2026
Source link
#Indias #forex #reserves #rise #USD #billion #RBI #data #shows

