The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

BIZ-FOREX-RESERVES - Forex kitty swells by USD 2.68 bn to USD 396 bn

Contributed by NAMPA / PTI.

Mumbai, Jan 11 (PTI) The country's foreign exchange reserves jumped by USD 2.68 billion -- one of the largest increases in recent months -- to touch USD 396.084 billion in the week to January 4, driven by a rise in core currency assets and gold holdings, RBI data showed Friday.
The overall reserves had increased by USD 116.4 million to USD 393.404 billion in the previous reporting week.
In the reporting week, foreign currency assets, a major component of the overall reserves, rose by USD 2.215 b ...

 

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