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Economic dataBusiness Standard

India forex reserves rise $2.49B to $719.55B

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GreyOak summary

India's foreign exchange reserves increased by $2.49 billion to $719.55 billion during the week ended November 6, according to RBI data. Foreign currency assets rose by $232 million, while gold reserves jumped sharply by $2.205 billion to $104.80 billion. This follows a period of decline after an all-time high in September.

What it affects

  • Forex reservesPositive +52

    Reserves rose $2.49B to $719.55BRolling sentiment Positive +33

Source

Read the original at Business Standard

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