India’s foreign exchange reserves stand at $657.89 billion ...Middle East

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India’s foreign exchange reserves stand at $657.89 billion
source : News room odisha ( Middle East ) () 45
Mumbai: India’s foreign exchange reserves stood at $657.89 billion while the gold component of the kitty was valued at $65.75 billion, as of November 15, according to official figures released by the RBI on Friday. India’s foreign exchange reserves were at $675.65 billion on November 8 but since the RBI has been releasing dollars in the market to prop up the rupee, the reserves have come down by $17.7 billion, according to market analysts. The SDR component of the forex kitty was at $18.06 billion. The country’s foreign exchange reserves have overall risen by $11.5 billion in the current financial year. India’s foreign exchange reserves had soared to an all-time high of $704.885 billion at

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