Forex reserves up by $1.99 bn to $419.99 bn

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India’s forex reserves increased by $1.994 billion to $419.992 billion for the week ended May 24 on swelling up of the core currency assets, the Reserve Bank said on Friday. The overall reserves had declined by $2.05 billion to $417.99 billion in the previous reporting week. The reserves had touched an all-time high of $426 billion in April 2018.



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