Foreign exchange reserves rise to one-month high of $622.47 bn: RBI

Foreign exchange reserves rise to one-month high of $622.47 bn: RBI

Daily Current Affairs   /   Foreign exchange reserves rise to one-month high of $622.47 bn: RBI

Change Language English Hindi

Category : National Published on: February 13 2024

Share on facebook
  • India's foreign exchange reserves rose for a second straight week to a one-month high of $622.47 billion as of Feb. 2, data from the central bank showed.
  • The reserves rose by $5.74 billion in the reporting week, the biggest rise in nearly two months. Reserves had risen by $590 million in the prior week.
  • The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee.
Recent Post's
  • R. Praggnanandhaa wins UzChess Cup Masters 2025 and becomes top-ranked Indian chess player.

    Read More....
  • Meesho gets shareholder approval to raise ₹4,250 crore via IPO after shifting domicile to India.

    Read More....
  • IPS officer Parag Jain appointed new RAW chief; played key role in Operation Sindoor.

    Read More....
  • ICC updates powerplay rules for shortened T20 matches effective from July 2025.

    Read More....
  • Power Ministry forms task force to develop 'India Energy Stack' for digital power infrastructure.

    Read More....
  • MNRE issues revised guidelines for Biomass Programme to promote clean energy adoption.

    Read More....
  • CBSE to hold Class 10 board exams twice a year from 2026 session; first phase mandatory, second optional.

    Read More....
  • NATO agrees to increase defence spending target to 5% of GDP by 2035 at The Hague summit.

    Read More....
  • India and South Africa sign agreements on submarine cooperation during defence talks.

    Read More....
  • Odisha wins women’s title in first Hockey India Masters Cup; Tamil Nadu enters men’s final.

    Read More....