Foreign exchange reserves rise to $576 bn in January - New Delhi News

New Delhi, Feb 3 (IANS) India's foreign exchange reserves rose to $576.76 billion during the week ending January 27, according to data released by the Reserve Bank of India (RBI) on Friday.

by IANS | Updated Feb 03, 2023

Foreign exchange reserves rise to $576 bn in January - New Delhi News

This is the third consecutive week that the country's reserves have risen. During the week ending January 20, the foreign exchange reserves were $573.73 billion.

The central bank has been intervening to buy dollars to stabilise the rupee. Apart from this, the valuation changes have also added to the RBI's foreign exchange reserves.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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