Money is pouring heavily in the country, foreign exchange reserves at an all-time high

Foreign Exchange Reserves: Another good news has come for the country's economy. The country's foreign exchange reserves have reached a new record level. India's foreign exchange reserves have created a new record. According to the information given by the Reserve Bank of India (RBI), India's foreign exchange reserves have reached an all-time high of $ 692.30 billion.  

stunned by the data 

According to the information given by RBI, the foreign exchange reserves increased by $ 2.84 billion in a week ending on September 20 and the figure reached $ 692.30 billion. In the previous week, the country's foreign exchange reserves increased by $ 223 million and reached a new high of $ 689.46 billion. 

Where is the money pouring from  

According to the data released by the Reserve Bank of India (RBI) on Friday, foreign currency assets, which are considered an important part of the currency reserves, increased by $ 2.06 billion to $ 605.69 billion in the week ended September 20. Foreign currency assets mentioned in dollar terms include the effect of fluctuations in non-US currencies like Euro, Pound and Yen kept in the foreign exchange reserves. The value of gold reserves increased by $ 726 million to $ 63.61 billion in the week under review. Special Drawing Rights (SDR) increased by $ 121 million to $ 18.54 billion. According to the data of the Reserve Bank, India's reserve reserve with the International Monetary Fund (IMF) decreased by $ 66 million to $ 4.46 billion in the week under review.