India's forex kitty jumps by $12.8 billion to $572.8 billion
In the previous reporting week, the reserves had dropped by USD 2.39 billion to a three-month low of USD 560.003 billion.
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In the previous reporting week, the reserves had dropped by USD 2.39 billion to a three-month low of USD 560.003 billion.
The country's reserve position with the IMF was also up by USD 29 million to USD 5.125 billion in the reporting week, the apex bank showed.
The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments
In the to March 10, the reserves had dropped by $2.39 billion to a three-month low of $560.003 billion.
India's forex kitty rose by $12.798 billion to$572.801 billion in the week ended March 17, the Reserve Bank said on Friday.