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India's forex kitty increases by $289 million to $640.40 billion

Indias forex exchange reserves increased by USD 289 million to USD 640.401 billion for the week ended November 19, the Reserve Bank said on Friday. The overall reserves had declined by USD 763 million to USD 640.112 billion in the previous reporting week.

Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The value of the gold reserves continued their journey north, increasing by USD 152 million to USD 40.391 billion in the reporting week, the data showed. Reliance Jio hikes prepaid tariffs by 20% effective December 1