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Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data

On the balance of payment basis, excluding valuation effects, forex reserves rose by $31.9 billion in the June-end quarter compared to $19.8 billion in the year-ago period.

Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data
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India's foreign exchange reserves rose by $34.1 billion in nominal terms inclusive of valuation effects in the April-June quarter this year, according to RBI data released on Thursday.바카라 웹사이트It had increased by $27.9 billion in nominal terms in the year ago period.바카라 웹사이트

The valuation effects,바카라 웹사이트reflecting the depreciation of the US dollar against major currencies and increase in gold prices, amounted to US$ 2.2 billion during April-June 2021 as compared with US$ 8.0 billion during the same period, last year.바카라 웹사이트

On the balance of payment basis, excluding valuation effects, forex reserves rose by $31.9 billion in the June-end quarter compared to $19.8 billion in the year-ago period.바카라 웹사이트

The current account balance recorded a surplus of $6.5 billion for the same period compared to a surplus of $19.1 billion recorded last year.바카라 웹사이트

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