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Economic dataEconomic Times

Forex reserves rise $2.5 billion to touch $719 billion

Positive+26

GreyOak summary

Indian foreign exchange reserves increased by $2.5 billion to reach $719 billion in the week ended November 6. This rise was primarily driven by a $2.2 billion increase in gold reserves, while foreign currency assets grew modestly by $232 million. This follows a decrease of $2.6 billion in the previous week.

What it affects

  • Forex reservesPositive +26

    Reserves rose $2.5 billion to $719 billion.Rolling sentiment Positive +32

Source

Read the original at Economic Times

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