Skip to content
Friday, June 26
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
Home>>Business>>Foreign Exchange Reserves Surge $8 Billion To Record High Of $568 Billion
Business

Foreign Exchange Reserves Surge $8 Billion To Record High Of $568 Billion

international media news
November 16, 2020 194 Views0

The country’s foreign exchange reserves jumped by a massive $7.779 billion to touch a lifetime high of $568.494 billion in the week ended November 6, RBI data showed .

In the previous week ended October 30, the reserves had increased by $183 million to $560.715 billion.

In the reporting week, the jump in reserves was mainly on account of an increase in foreign current assets (FCAs), a major component of the overall reserves.

FCAs increased by $6.403 billion to $524.742 billion, the central bank’s weekly data showed.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

After declining in the previous week, the gold reserves rose by $1.328 billion to $37.587 billion in the week ended November 6, as per the Reserve Bank of India (RBI) data

The special drawing rights with the International Monetary Fund (IMF) rose by $7 million to $1.488 billion during the week.

The country’s reserve position with the IMF also increased by $40 million to $4.676 billion.

Share:

Previous Post

Zomato Raises $195 Million From Investors At $3.6 Billion Valuation

Next Post

Samvat 2077: Motilal Oswal Recommends Investing In Bharti Airtel, SBI, Infosys

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • US may never solve who was behind attack on Iranian school, says Trump
  • Govt set to launch monthly production index in July to track services growth
  • BJP announces new organisational team for UP elections 2027, fresh faces inducted
  • Eetha teaser out: Shraddha Kapoor transforms into iconic Lavani legend Vithabai Narayangaonkar
  • ‘I Look up to Bhuvneshwar and Bumrah’: India pacer Nandni Sharma reveals her inspirations

Latest News

US may never solve who was behind attack on Iranian school, says Trump

international media news
June 26, 2026

US President Donald Trump  said that he has still not seen the investigation report on the Minab sch

Govt set to launch monthly production index in July to track services growth

international media news
June 26, 2026

BJP announces new organisational team for UP elections 2027, fresh faces inducted

international media news
June 26, 2026

Eetha teaser out: Shraddha Kapoor transforms into iconic Lavani legend Vithabai Narayangaonkar

international media news
June 26, 2026

Latest News

US may never solve who was behind attack on Iranian school, says Trump

international media news
June 26, 2026

Govt set to launch monthly production index in July to track services growth

international media news
June 26, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News