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Foreign Exchange Reserves: The country's foreign exchange reserves rose by $2.84 billion to a new all-time high of $692.30 billion in the week ended September 20. In the previous week, the country's foreign exchange reserves had risen by $223 million to a new high of $689.46 billion.

According to data released by the Reserve Bank of India on Friday, foreign currency assets, 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 such as euro, pound and yen held in the foreign exchange reserves. The value of gold reserves increased by $ 726 million to $ 63.61 billion during the week under review.

Special Drawing Rights (SDR) increased by $121 million to $18.54 billion. According to Reserve Bank data, India's reserve with the International Monetary Fund (IMF) fell by $66 million to $4.46 billion during the week under review.

 

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