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01:32
India's forex reserves rise further to 642.631 bln USD
STORY: India's forex reserves rise further to 642.631 bln USD
SHOOTING TIME: March 28, 2024
DATELINE: March 31, 2024
LENGTH: 00:01:32
LOCATION: New Delhi
CATEGORY: ECONOMY
SHOTLIST:
1. various of India gate
2. various of RBI building
3. various of banks
4. various of market area
STORYLINE:
India's forex exchange (forex) reserves rose by 139 million U.S. dollars to 642.631 billion dollars during the week ending on March 22, data released by the country's central bank, the Reserve Bank of India (RBI), showed on Friday.
This was the fifth straight week when India's forex reserves rose. Media reports described them as the highest-ever forex reserves till date.
Forex reserves had stood at 642.492 billion dollars during the previous week ending on March 15.
The RBI data further revealed that gold reserves rose by 347 million dollars to 51.487 billion dollars, while the foreign currency assets, which is the key component of forex reserves, declined by 123 million dollars to 568.264 billion dollars, showed the RBI's weekly data.
Meanwhile, the Indian Rupee's value remained between 83.31 and 83.40 against the U.S. dollar, said local media reports.
Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)
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