India's foreign exchange reserves increased by $ 6.992 billion, know how much treasure Pakistan has?:

News Topical, Digital Desk : India Forex Reserve: India's foreign exchange reserves rose by $6.992 billion to $692.721 billion during the week ended May 23. The Reserve Bank of India (RBI) gave this information on Friday. Earlier, during the week ended May 16, the country's forex reserves fell by $4.888 billion to $685.729 billion.

Foreign currency assets also increased

The foreign exchange reserves had hit an all-time high of $704.885 billion at the end of September 2024. Data released on Friday showed that for the week ended May 23, foreign currency assets, a major component of the reserves, rose by $4.516 million to $586.167 billion. Foreign currency assets expressed in dollar terms include the fluctuating effect of non-US currencies such as the euro, pound and yen held in the foreign exchange reserves.

Gold reserve also increased

RBI said that during the week, gold reserves also increased by $ 2.366 billion to $ 83.582 billion. Special Drawing Rights (SDR) increased by $ 81 million to $ 18.571 billion. According to the data of the Reserve Bank, India's reserve position with the IMF has also improved this week, which increased by $ 30 million to $ 4.401 billion.

How much treasure does Pakistan have?

At the same time, according to data released by the State Bank of Pakistan (SBP) on Thursday, Pakistan's foreign exchange reserves have increased by $ 70 million to $ 11.516 billion as of May 23. Whereas on May 16 it was $ 11.447 billion. Pakistan's liquid foreign exchange reserve stood at $ 16.637 billion, which shows a slight decline of $ 12 million compared to last week. This also includes the net holdings of commercial banks. During this period, the net reserve of commercial banks also declined by $ 82 million, which came down to $ 5.121 billion.