India’s Foreign exchange reserves cross $590 billion mark
The Foreign exchange reserves of India have crossed the $590 billion mark on the week ended 14th March. it is 43,24,574 crores in Indian rupees.
- The country’s foreign exchange reserves were $563 million and now, it reaches $590.028 billion in the week ended May 14, 2021 (As per the data released by the Reserve Bank of India).
- India has foreign currency assets of USD 546.87 billion, Gold of USD 36654 million, SDR of USD 1506 million, and a reserve position in IMF of almost USD 5,000 million.