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Forex Kitty Continues To Swell, Adds Another $1.1 Bn

by moneycontrol.com posted 4months ago 12 views
The forex kitty had touched a life-time high of $426.028 billion in the week to April 13, 2018.: India's foreign exchange reserves continued its northward push, increasing by $1.105 billion to touch $414.886 billion in the week to April 12, the Reserve Bank data showed Friday. In the previous week, reserves had increased by $1.876 billion to $413.781 billion. In the reporting week, foreign currency assets, which are a major component of the overall reserves, rose by $646.4 million to $386.762 billion.

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