scorecardresearchForex kitty swells by $14.72 billion to $544.72 billion; steepest accretion since Aug 2021

Forex kitty swells by $14.72 billion to $544.72 billion; steepest accretion since Aug 2021

Updated: 20 Nov 2022, 10:31 AM IST
TL;DR.
According to the latest weekly data from the Reserve Bank, the forex kitty swelled by USD 14.72 billion to USD 544.72 billion for the week to November 11. The reserves were at USD 529.99 billion as of November 4.
While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)

While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)