Forex Reserves Surge

Fall in US dollar index seen providing revaluation boost to RBI reserves

Afghanistan has received $40 million in cash as humanitarian aid, the Da Afghanistan Bank (DAB), the country's central bank, said in a statement

The country's foreign exchange reserves increased by USD 169 million to USD 583.865 billion in the week ended February 19, RBI data showed

Gold reserves were down by $580 million in the reporting week to $37.440 billion

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in forex reserves.

In the previous week, the reserves had increased by $1.832 billion to $442.583 billion

In the previous week, the reserves had surged by massive USD 5.02 billion to USD 433.59 billion

The overall kitty had swelled by $2.68 billion to $396.084 billion in the previous reporting week

In the previous week, the reserves had increased by $1.197 billion to $422.532 billion

Gold reserves remained unchanged at $20.421 bn

The reserves had crossed the $400-billion mark for the first time in the week to September 8, 2017