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Economic dataEconomic Times

India forex reserves rise $2.49bn to $719.55bn

Positive+27

GreyOak summary

India's foreign exchange reserves increased by $2.49 billion to $719.55 billion in the week ended November 6, per RBI data. This rise follows two consecutive weeks of decline, reversing a downward trend. The current level remains below the all-time high of $785.7 billion recorded in early September.

What it affects

  • Forex reservesPositive +27

    Reserves rose $2.49 billion to $719.55 billion.Rolling sentiment Neutral +11

Source

Read the original at Economic Times

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