Key Points
India's foreign exchange reserves are up by of $6.55 billion to $625.63 billion for the week ending on March 1, latest data by the Reserve Bank of India (RBI) showed on Friday...
Previously, forex reserves surged by $2.98 billion to $619.07 billion, for the week ended on February 23, 2024...
According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) increased by $6.04 billion to $554.23 billion..
Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves...
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