The value of gold reserves increased by $584 million to $44.939 billion. (symbolic)
Mumbai:
In the week ended September 1, the country’s foreign exchange reserves stood at Rs. 4.039 billion has increased to 598.897 billion dollars. The Reserve Bank of India (RBI) gave this information on Friday. Last week, the country’s total reserves fell by $30 million to $594.858 billion. In October 2021, the country’s foreign exchange reserves reached an all-time high of US$645 billion. Last year, amid pressures from global growth, the central bank used these capital reserves to stem the fall in the rupee’s exchange rate, which had an impact on foreign exchange reserves.