Latest Foreign Currency Non-Resident Bank (FCNR-B) News & Updates

Mumbai, June 26 (IANS) India’s foreign exchange reserves rose by $963 million to $672, 587 billion in the week ended June 19, reversing the decline recorded in the previous week, according to data released by the Reserve Bank of India (RBI) on Friday.The value of India’s gold reserves surged by $4.11 billion to $107.930 billion during the week.However, the country’s holdings of Special Drawing Rights (SDRs) with the International Monetary Fund decreased by $52 million to $18.647 billion.The coun…