Key Points
India's foreign exchange reserves rose for a fifth straight week and stood at $642.63 billion as of March 22, Reserve Bank of India data showed on Friday...
Previously, forex reserves expanded by $6.4 billion to $642.49 billion for the week ended on March 15, 2024...
According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) dipped by $123 million to $568.26 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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