Forex Reserves of India up $359 million to to $295.235 billion

The Forex Reserves in India up $359 million to to $295.235 billion.

India’s foreign exchange reserves increased $359.4 million in the week ended October 19 to $295.235 billion.

In the reporting week, the increase in reserves was mainly on account of the foreign currency assets increasing by $351.3 million.

FCA expressed in US dollar terms includes the effect of appreciation/ depreciation of non-US currencies (such as Euro, Sterling, and Yen) held in the reserves.

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