Foreign exchange reserves have increased rapidly in India during the Corona period. The foreign exchange reserves have increased by $ 1.27 billion in the week ended 26 June. The country's foreign exchange reserves have come to $ 506.84 billion. This information has been revealed by the latest data released by RBI. This resulted in a drop in foreign exchange reserves in the previous week. In the previous week, ie, the week ended June 19, the foreign exchange reserves had declined by $ 2.08 billion and it had fallen to $ 505.57 billion.
India's foreign exchange reserves had crossed the level of half a trillion dollars in the week ending June 5 for the first time. In that week, there was a huge increase of $ 8.22 billion in reserves and it came to $ 501.70 billion. The country's foreign exchange reserves reached an all-time high of $ 507.64 billion in the week ended June 12. The foreign exchange reserves have increased due to the increase in foreign currency assets (FCA) in the week ended 26 June. FCA forms a major part of the entire stock.
According to these figures, gold reserves have increased by $ 707 million to reach $ 33.52 billion in the week ended 26 June. The special drawing rights with the International Monetary Fund (IMF) was reduced by 3 million dollars to $ 1.44 billion. According to the data, the country's stock position with IMF had increased by $ 3 million to $ 4.27 billion in the week ended 26 June.
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