Foreign exchange rose to Rs 51.66 lakh crore, The Reserve Bank has reported that the country's foreign exchange reserves have increased by 47 thousand crore rupees to nearly 51.66 lakh crore rupees in the week ended 2nd.
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The Reserve has further informed that
The country's foreign exchange reserves rose by Rs 47,000 crore to nearly Rs 61.66 lakh crore in the week ended 2nd.
In the previous week, total reserves increased by Rs 4,905 crore to 51.19 . It was lakhs of rupees.
During the assessment week, gold reserves increased by Rs 5,046 crore to Rs 3.99 lakh crore.
Reserve Bank has said this.
India attracts foreign direct investment
Union Minister Piyush Goyal has said that India will continue to be a preferred destination for foreign direct investment despite rising interest rates globally.
He further stated:
As interest rates are rising all over the world, including the United States, capital is beginning to flow back to developed countries.
Due to the strong demand for FDI in India and investors seeing the benefits of investing here, we have not experienced a severe downturn like other countries.
However, many significant foreign investments are being made in our country.Said this.