Foreign exchange reserves of the country increased by 5.08 billion dollars to 595.40 billion dollars.

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Indias forex reserves: The country's foreign exchange reserves rose by $5.08 billion to $595.40 billion during the week ended November 17. Earlier, in the week ending November 10, the foreign exchange reserves fell by $46.2 million to $590.32 billion.

Foreign currency assets (FCA) rose by $4.39 billion to $526.39 billion during the week ended November 17, according to weekly data released by the Reserve Bank. FCA denominated in dollars also includes the impact of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in foreign currency reserves.

During the above week, the gold reserves of the country increased by 52.7 million dollars to 46.04 billion dollars. On the other hand, SDR increased by 12 crore dollars to 18.13 billion dollars. The country's reserve position with the IMF rose by $4.2 billion to $4.38 billion during the week ended November 17.

Let it be known that in October 2021, the country's foreign exchange reserves reached the highest level ever at 645 billion dollars.

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