Forex reserves rise to $312.59 billion as of June 6: RBI
KOLKATA: India's foreign exchange reserves rose $203 million in the week to June 6 as Reserve Bank of India purchased dollars from the foreign exchange market to prevent volatility in exchange rate amid strong dollar inflows. The reserves rose to $312.586 billion, breaking a two week's consecutive fall.
The addition in reserves however remain muted because of the depreciation of euro in the global market. The euro component of the reserves was devalued because of the fall, leading to ..
Read more at: http://bit.ly/UIpELN
KOLKATA: India's foreign exchange reserves rose $203 million in the week to June 6 as Reserve Bank of India purchased dollars from the foreign exchange market to prevent volatility in exchange rate amid strong dollar inflows. The reserves rose to $312.586 billion, breaking a two week's consecutive fall.
The addition in reserves however remain muted because of the depreciation of euro in the global market. The euro component of the reserves was devalued because of the fall, leading to ..
Read more at: http://bit.ly/UIpELN
No comments:
Post a Comment