Forex reserves up $950 million

Our Bureau Updated - June 20, 2014 at 08:30 PM.

India’s foreign exchange (forex) reserves rose $950.9 million in the week ended June 13 to $313.53 billion.

Foreign currency assets, which form a bulk of the forex reserves, increased by $958.5 million to $286.58 billion. Gold reserves remained unchanged at $20.79 billion.

Special Drawing Rights and the country’s reserve position in the International Monetary Fund fell by $5.5 million and $2.1 million, respectively.

Published on June 20, 2014 15:00