India's Foreign Exchange Reserve
India's Foreign Exchange Reserve

India’s forex reserves rise by USD 4.67 bn to USD 590.78 bn

India's forex reserves jumped by USD 4.672 billion to USD 590.783 for the week ended November 3, the Reserve Bank said on Friday.

Mumbai | India's forex reserves jumped by USD 4.672 billion to USD 590.783 for the week ended November 3, the Reserve Bank said on Friday.

Foreign currency assets, a crucial part of the reserves, rose by USD 4.392 billion, as per the central bank.

The overall value of the gold held was up by USD 200 million at USD 46.123 billion.

The country’s special drawing rights increased by USD 64 million to USD 17.975 billion, while its reserve position with the International Monetary Fund rose USD 16 million to USD 4.789 billion, the apex bank said.

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