India’s forex reserves rise to USD 532.868 billion : Forex reserves of India has been raised by 204 million to USD 532.868 billion for the week ended on 7th October 2022.
October 2022 Current Affairs Quiz
Reason: An increase in the value of gold holdings.
Foreign Currency Assets (FCAs) was decreased to USD 471.496 billion. SDRs has been increased by USD 155 million to USD 17.582 billion. Reserve position of India with IMF increased to USD 4.836 billion. Last week, the overall reserves were dropped by USD 4.854 billion to USD 532.664 billion.
