Key Points
Indias foreign exchange reserves increased by USD $1.153 billion to USD $585.895 billion for the week ending October 13 after multiple weeks of decline, the latest data by the Reserve Bank of India (RBI) showed on Friday...
In October 2021, the countrys forex kitty reached an all-time high of USD 645 billion..
For the week ended October 13, the foreign currency assets, a major component of the reserves, decreased by USD 178 million to USD 519.351 billion, according to the Weekly Statistical Supplement released by the RBI...
The Special Drawing Rights (SDRs) were up by USD 72 million to USD 17.995 billion, the apex bank said.. Indias reserve position with the IMF was down by USD 8 million to USD 4.975 billion in the reporting week, the apex bank data showed...
