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India’s forex reserves surge by $5.17 bn to reach $696.6 bn

Summary by Social News XYZ
Mumbai, June 13 (SocialNews.XYZ) India's foreign exchange reserves surged by $5.17 billion to $696.66 billion for the week ended June 6, data released by the RBI on Friday showed. The sharp rise during the week has brought the country’s forex kitty close to the historic high of $704.885 that was scaled at the end of September 2024. A strengthening of the country’s foreign exchange kitty also helps bolster the rupee vis-a-vis the US dollar. For t…
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New Delhi, June 13. The country's foreign exchange reserves have increased by $ 5.17 billion to $ 696.65 billion in the week ended June 6. In the previous week on May 30, the foreign exchange reserves had decreased by $ 1.24 billion to $ 691.48 billion. The Reserve Bank of India (RBI) has said in the data released on Friday that in the week ended June 6, foreign exchange assets, the main component of foreign exchange reserves, increased by $ 3.4…

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Social News XYZ broke the news in on Friday, June 13, 2025.
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