Marginal rise in forex reserves

MUMBAI, FEB. 24. Foreign currency reserves have risen by $10 million in the week ended February 16 to $41.69 billion.

Foreign currency reserves had swelled in the last three weeks following continued institutional inflows and remittances from abroad by $1.21 billion, according to the Reserve Bank of India's weekly statistical supplement issued here today.

Foreign currency assets grew by $17 million during the week to $38.94 billion. Reserves have increased to $41.69 billion from $34.73 billion on November 11 last. Special drawing rights declined by $7 million at $1 million while gold reserves were unchanged at $2.75 billion.

- PTI

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Section  : Business
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