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For three consecutive weeks, there was a decline in the treasury of the country. Now that India has been announced on India. Also, the tariff is going to be implemented from August 7. In such a situation, India's treasury has seen an increase. Which is a great news. The Forex Reserve of the country has seen an increase of more than $ 2.7 billion, that is, about 24 thousand crores. Whereas before that, in three consecutive weeks, the country's treasury had lost 63 thousand crore rupees. On the other hand, there has been a big decline in the forex reserve of Pakistan. According to the information from Pakistan, there has been a decrease of $ 153 million from the treasury of the country. Let us also tell you how much the forex reserve of India and Pakistan has become.

How much foreign exchange reserves increased

The RBI said on Friday that India's foreign exchange reserves rose $ 2.703 billion to $ 698.192 billion during the week ended July 25. In the last reporting week, the total currency reserves had come down by $ 1.183 billion to $ 695.489 billion. The special thing is that before that, there was a decline in foreign exchange reserves for three consecutive weeks. During that time, there was a decrease of more than $ 7 billion from the country's treasury i.e. 63 thousand crores. It seemed that due to handling the fall in the rupee, there could be further decrease in the foreign treasury, but this did not happen.

Gold reserve also increased

According to the data, in the week ended July 25, a major component of foreign exchange reserves, foreign currency assets rose $ 1.316 billion to $ 588.926 billion. Expressed in the dollar, the foreign currency assets include the effect of price growth or depreciation of non-American units like euros, pounds and yen kept in the forex reserve. RBI said that gold reserves rose $ 1.206 billion to $ 85.704 billion during the week. The apex bank said that SDR rose $ 12.6 million to $ 18.809 billion. According to RBI data, India's reserved status in the IMF increased by US $ 55 million to US $ 4.753 billion in the week under review.

Pakistan got a shock

On the other hand, there has been a decrease in Pakistan's foreign exchange reserves. According to a statement released on Thursday, the foreign exchange reserves of State Bank of Pakistan have decreased by US $ 15.3 million. The bank reported that during the week ended July 25, the bank's total foreign exchange reserves stood at around $ 14.3 billion. Commercial banks had a net foreign exchange reserves of about $ 5.3 billion. The total liquid foreign exchange reserves near the South Asian country recorded around $ 19.6 billion.