India's forex reserves rise by $1.013 billion to record high of $610.012 billion.

[HostileInsurgent]

India's forex reserves rise by $1.013 bn to record high of $610.012 bn

The rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA).1 min read . Updated: 10 Jul 2021, 05:59 AM ISTLivemint

• In the previous week ended 25 June, the reserves had jumped by $5.066 billion to reach $608.999 billion

The country's foreign exchange reserves rose to a lifetime high of $610.01 billion as of 2 July, compared with $609 billion a week earlier, the Reserve Bank of India (RBI) said on Friday.

In the previous week ended 25 June, 2021, the reserves had jumped by $5.066 billion to reach $608.999 billion.

During the reporting week, the rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA), a major component of the overall reserves.

FCA surged by $748 million to $566.988 billion, according to the weekly data by the central bank.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

Gold reserves climbed $76 million to $36.372 billion in the reporting week.

The special drawing rights (SDRs) with the International Monetary Fund (IMF) rose by $49 million to $1.548 billion.

India's reserve position with the IMF too increased by $139 million to $5.105 billion in the reporting week, the RBI data showed.

India's forex reserves rise by $1.013 bn to record high of $610.012 bn

In the previous week ended 25 June, the reserves had jumped by $5.066 billion to reach $608.999 billion

www.livemint.com

 

[GHALIB]

India's forex reserves rise by $1.013 bn to record high of $610.012 bn

The rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA).1 min read . Updated: 10 Jul 2021, 05:59 AM ISTLivemint

• In the previous week ended 25 June, the reserves had jumped by $5.066 billion to reach $608.999 billion

The country's foreign exchange reserves rose to a lifetime high of $610.01 billion as of 2 July, compared with $609 billion a week earlier, the Reserve Bank of India (RBI) said on Friday.

In the previous week ended 25 June, 2021, the reserves had jumped by $5.066 billion to reach $608.999 billion.

During the reporting week, the rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA), a major component of the overall reserves.

FCA surged by $748 million to $566.988 billion, according to the weekly data by the central bank.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

Gold reserves climbed $76 million to $36.372 billion in the reporting week.

The special drawing rights (SDRs) with the International Monetary Fund (IMF) rose by $49 million to $1.548 billion.

India's reserve position with the IMF too increased by $139 million to $5.105 billion in the reporting week, the RBI data showed.

India's forex reserves rise by $1.013 bn to record high of $610.012 bn

In the previous week ended 25 June, the reserves had jumped by $5.066 billion to reach $608.999 billion

www.livemint.com

But modi is going down, new PM may come in next year.

 

[HostileInsurgent]

But modi is going down, new PM may come in next year.

Yes Yogi Adityanath!

 

[GHALIB]

Yes Yogi Adityanath!

May be .at least he speaks truth, feku is fake. Nobody likes him now.

 

[HostileInsurgent]

May be .at least he speaks truth, feku is fake. Nobody likes him now.

I would like Nitin Gadkari as PM..

 

[Raj-Hindustani]

But modi is going down, new PM may come in next year.

The problem is that Congress party does not ready to look after Ghandi family.

It would be great if they can dumb to Ghandi family and choose someone better leader..

 

[HostileInsurgent]

@GHALIB If Gadkari Becomes PM, then I can feel we are in safe hands, although now after latest cabinet reshuffle, we have highly qualified and educated technocrats as misters in MEITY. We already have great commerce minister in the form of Piyush Goyal, Nirmala Sitharaman should have resigned anyway she’s not doing what she should. Who tf will disinvest from our tax oiled non performing PSUs and when? Nimo tai should resign anyway. Yogi may not be highly educated, by
ut he is a focussed guy taking consultancy from very great condultants, that’s why UP’s GDP doubled from 150 billion dollars when he bacame CM to 300 billion dollars today!

 

[GHALIB]

I would like Nitin Gadkari as PM..

Only rajnath singh is suited for that post, he is ex CM of uttar pradesh, acceptable to all party member, he is educated physics professor, balanced speaker, not a fanatic hindu.

@GHALIB If Gadkari Becomes PM, then I can feel we are in safe hands, although now after latest cabinet reshuffle, we have highly qualified and educated technocrats as misters in MEITY. We already have great commerce minister in the form of Piyush Goyal, Nirmala Sitharaman should have resigned anyway she’s not doing what she should. Who tf will disinvest from our tax oiled non performing PSUs and when? Nimo tai should resign anyway. Yogi may not be highly educated, by
ut he is a focussed guy taking consultancy from very great condultants, that’s why UP’s GDP doubled from 150 billion dollars when he bacame CM to 300 billion dollars today!

Gadkari is good choice but he is not leader of rajnaths stature.

 

[HostileInsurgent]

Only rajnath singh is suited for that post, he is ex CM of uttar pradesh, acceptable to all party member, he is educated physics professor, balanced speaker, not a fanatic hindu.

Gadkari is good choice but he is not leader of rajnaths stature.

Rajnath is not doing good as defence minister, it’s a fact!

 

[GHALIB]

@GHALIB If Gadkari Becomes PM, then I can feel we are in safe hands, although now after latest cabinet reshuffle, we have highly qualified and educated technocrats as misters in MEITY. We already have great commerce minister in the form of Piyush Goyal, Nirmala Sitharaman should have resigned anyway she’s not doing what she should. Who tf will disinvest from our tax oiled non performing PSUs and when? Nimo tai should resign anyway. Yogi may not be highly educated, by
ut he is a focussed guy taking consultancy from very great condultants, that’s why UP’s GDP doubled from 150 billion dollars when he bacame CM to 300 billion dollars today!

Gadkari is good choice but he is not leader of rajnath's stature.

 

[Fireurimagination]

My vote for the next PM is for Amit Shah

 

[HostileInsurgent]

My vote for the next PM is for Amit Shah

He’s just overhyped, does nothing, not heard him for weeks, is he alright?

 

[GHALIB]

Rajnath is not doing good as defence minister, it’s a fact!

Feku modi and his gang of motu shah have taken over all ministries what can rajnath do?

My vote for the next PM is for Amit Shah

Motu is a gangster and convicted criminal.

 

[Protest_again]

People vote for Modi. The intellect behind the BJP electoral machine is Modi and Amit shah. These other ministers have it easy to do their work because of the efforts of the big two. They take all the credit as well as blame.

 

[HostileInsurgent]

People vote for Modi. The intellect behind the BJP electoral machine is Modi and Amit shah. These other ministers have it easy to do their work because of the efforts of the big two. They take all the credit as well as blame.

New IT Ministers are very highly qualified, so much so it smh!