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Home Business India's Foreign Exchange Reserves Rise For First Time In Over 2 Months

India’s Foreign Exchange Reserves Rise For First Time In Over 2 Months


Foreign exchange reserves had been $532.66 billion on the finish of the earlier week ended September 30.

Mumbai:

India’s international change reserves rose to $532.87 billion within the week by October 7, the Reserve Financial institution of India’s (RBI) weekly statistical complement confirmed on Friday.

India’s reserves rose by $204 million from the earlier week, the primary enhance for the reason that week ended July 29.

They had been $532.66 billion on the finish of the earlier week ended September 30.

The rupee settled at 82.35 on Friday, having touched one other file low of 82.68 on Monday after which the RBI doubtless intervened on a number of days to fall, as per merchants.

(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)


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