India's forex reserves jump by USD 4.546 bn to USD 674.664 bn

| | Mumbai
  • 0

India's forex reserves jump by USD 4.546 bn to USD 674.664 bn

Saturday, 24 August 2024 | PTI | Mumbai

India's forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the RBI said on Friday.

In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.

In the week ended August 16, foreign currency assets, a major component of the reserves, increased by USD 3.609 billion to USD 591.569 billion, the data released on Friday 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.

Gold reserves increased by USD 865 million to USD 60.104 billion during the week, the RBI said.

State Editions

11 killed in Hardoi road mishap

07 November 2024 | PNS | Lucknow

Yogi to inaugurate Akanksha Haat

07 November 2024 | PNS | Lucknow

Prashant Kumar likely to made permanent DGP

07 November 2024 | Preetam Srivastava | Lucknow

Mobility crisis is behind pollution in city: CSE

07 November 2024 | Staff Reporter | Delhi

Delhi’s air quality ‘very poor’, smog blankets city

07 November 2024 | Staff Reporter | Delhi

Sunday Edition

The comeback man

03 November 2024 | Gyaneshwar Dayal | Agenda

DINING REDEFINED! WYNN MACAU DEBUTS DRUNKEN FISH

03 November 2024 | RUPALI DEAN | Agenda

Oktoberfest on a Platter

03 November 2024 | Sharmila Chand | Agenda

Vegan Wonders: Where to Eat Next!

03 November 2024 | Team Agenda | Agenda

LIVING IT UP IN AN AIRBNB IN LONDON

03 November 2024 | AKANKSHA DEAN | Agenda

Srisailam: A journey to spiritual splendour

03 November 2024 | VISHESH SHUKLA | Agenda