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In distinction, imports in the identical sector skilled a marginal decline of 0.4%, resting at $13.46 billion throughout the identical interval. This data diverges barely from the federal government’s beforehand launched knowledge final month, which indicated barely larger numbers – providers exports at $28.70 billion and imports at $14.32 billion for October.
The RBI’s provisional statistics, usually topic to updates, contribute to the nation’s complete balance-of-payments knowledge, launched quarterly.
Moreover, the current RBI Weekly Statistical Complement detailed a surge in foreign exchange reserves, escalating by $5.08 billion to achieve $595.397 billion by the week ending November 17. Overseas foreign money belongings (FCAs) rose to $528.53 billion, inclusive of fluctuations in non-US models just like the euro, pound, and yen.
(With inputs from Reuters)
