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The country's foreign exchange reserves rose by how many billion dollars to touch a record high of 590.18 billion dollars in the week ended January 29, 2021?

The country's foreign exchange reserves rose by how many billion dollars to touch a record high of 590.18 billion dollars in the week ended January 29, 2021? Correct Answer 4.85

The correct answer is $4.85 billion.

  • The country's foreign exchange reserves rose by $4.85 billion to touch a record high of 590.18 billion dollars in the week ended January 29, 2021.
  • Forex reserves rose on account of an increase in foreign currency assets (FCA).
  • FCA increased by 5.03 billion dollars to 547.22 billion dollars.
  • The gold reserves declined by 164 million dollars to 36.29 billion dollars.

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