India's forex reserves up $1.8 bn
The foreign currency assets increased by $1.808 billion to stand at $224.870 billion as against $223.062 billion in the previous week.
By PTI |
MUMBAI: India's foreign exchange reserves were up by $1.810 billion to stand at USD 232.187 billion for the week ended September 14.
The forex reserves, a week before, had increased by $1.530 billion at $230.377 billion.
The foreign currency assets increased by $1.808 billion to stand at $224.870 billion as against $223.062 billion in the previous week, the Reserve Bank data stated.
Foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies, such as the euro, pound sterling and yen, held in its reserves.
During the week, gold reserves and special drawing rights (SDRs) remained static at USD 6.881 billion and USD two million respectively. The reserve position in the IMF improved by USD two million to stand at $434 million.
The forex reserves, a week before, had increased by $1.530 billion at $230.377 billion.
The foreign currency assets increased by $1.808 billion to stand at $224.870 billion as against $223.062 billion in the previous week, the Reserve Bank data stated.
Foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies, such as the euro, pound sterling and yen, held in its reserves.
During the week, gold reserves and special drawing rights (SDRs) remained static at USD 6.881 billion and USD two million respectively. The reserve position in the IMF improved by USD two million to stand at $434 million.
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