Forex reserves surge by $58.38 bn in Mar-Sep 2021 period: RBI report

​​During the half-year under review, there were two Purchase transactions aggregating USD 191.29 million and one Repurchase transaction aggregating USD 46.68 million under the Financial Transaction Plan (FTP) of the IMF. The IMF made an allocation of Special Drawing Rights (SDR) 12.57 billion (equivalent to around USD 17.86 billion at the latest exchange rate) to India on August 23, 2021, the report said

from Banking/Finance-Industry-Economic Times https://ift.tt/2ZoNFhe