India's forex reserves jump $2.35 billion to $596 billion
The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
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The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
India's foreign exchange reserves saw an uptick of $2.350 billion, taking the overall level to $596.098 billion as on June 16. Forex reserves had dropped by $1.318 billion for the week ended June 9, RBI data had showed.
India's forex reserves increased by $2.35 billion to $596.098 billion for the week ended June 16, the Reserve Bank said on Friday.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The overall reserves had dropped by USD 1.318 billion to USD 593.749 billion in the previous reporting week