India's forex reserves up by $3.23 bn to $287.73 bn

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India's forex reserves up by $3.23 bn to $287.73 bn

MUMBAI: The country's forex reserves rose by USD 3.23 billion to USD 287.73 billion last week from USD 284.50 billion in the previous week, according to RBI data released today.

Foreign currency assets, a major component of the forex kitty, shot up by USD 3.18 billion to USD 260.75 billion in the week ended September 10, the Reserve Bank of India (RBI) data showed.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies held in reserves, such as the euro, pound and yen, the apex bank said.

Gold reserves remained unchanged at a little over USD 20 billion, while there was a marginal USD 9 million fall in India's Special Drawing Rights (SDRs) to USD 4.986 billion, the data showed.

The country's reserve position in the International Monetary Fund was also marginally down by USD 4 million to USD 1.937 billion, the apex bank data showed.


India's forex reserves up by $3.23 bn to $287.73 bn - The Economic Times

 

[desiman]

India's forex reserves up by $3.23 bn to $287.73 bn

MUMBAI: The country's forex reserves rose by USD 3.23 billion to USD 287.73 billion last week from USD 284.50 billion in the previous week, according to RBI data released today.

Foreign currency assets, a major component of the forex kitty, shot up by USD 3.18 billion to USD 260.75 billion in the week ended September 10, the Reserve Bank of India (RBI) data showed.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies held in reserves, such as the euro, pound and yen, the apex bank said.

Gold reserves remained unchanged at a little over USD 20 billion, while there was a marginal USD 9 million fall in India's Special Drawing Rights (SDRs) to USD 4.986 billion, the data showed.

The country's reserve position in the International Monetary Fund was also marginally down by USD 4 million to USD 1.937 billion, the apex bank data showed.


India's forex reserves up by $3.23 bn to $287.73 bn - The Economic Times

Jai Hind, lets keep working hard

 

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India's forex reserves swell $1.63 bn to $295.79 bn​

MUMBAI: The country's foreign exchange reserves went up by USD 1.63-billion to USD 295.79-billion on the back of a healthy jump in foreign currency assets, making it the fourth consecutive weekly rise in the kitty.

India's total forex reserves went up by USD 2.56-billion to USD 294.16-billion the previous week.

Foreign currency assets, a major component of the forex pie, shot up nearly USD 1.59-billion to USD 268.10-billion for the week ended October 8, data released by the Reserve Bank of India (RBI) today said.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said.

The country's gold reserves were unchanged at USD 20.51-billion while there was a marginal, USD 29-million rise in India's Special Drawing Rights (SDRs) to USD 5.168- billion, the data showed.

India's reserve position in the International Monetary Fund was also marginally up by USD 12-million to a little over USD 2-billion, the apex bank data showed.

India's forex reserves swell $1.63 bn to $295.79 bn - The Economic Times