Diabytes
FCAs News
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Country's foreign exchange reserves rose by USD 347.2 million to USD 351.831 billion in the week to February 12, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank.
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A Strengthening rupee and increased foreign fund inflows into the equity markets buoyed India's foreign exchange (Forex) kitty by $458 million, experts said on Saturday.
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FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen held in reserves.
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