Latest SDRs News & Updates

Mumbai, Feb 20 (IANS) India’s foreign exchange reserves increased by $8.663 billion to an all-time high of $725.727 billion in the week ended February 13, according to data released by the Reserve Bank of India (RBI) on Friday.Foreign exchange reserves had declined by $6.711 billion in the previous week due to a fall in gold prices.According to RBI data, the value of gold reserves, a key component of foreign exchange reserves, increased by $4.990 billion to $128.466 billion in the week ended Feb…