Forex reserves up $2.32 bn

Our Bureau Updated - February 13, 2015 at 06:10 PM.

India’s foreign exchange (forex) reserves touched yet another all time high as it jumped by $2.32 billion in the week ended February 6 to $330.21 billion.

This follows a stellar week for forex reserves, when it rose by a massive $5.84 billion. In the fortnight of January 26 to February 6, country’s forex reserves have gained a massive $8.16 billion.

Foreign currency assets, which form a bulk of the forex reserves, rose $1.63 billion in the reporting week ended February 6 to $304.95 billion.

Gold Reserves went up $805.3 million to $20.18 billion.

Country’s special drawing rights went up $21.8 million, while it’s reserve position in the International Monetary Fund fell by $130.3 million.

Published on February 13, 2015 12:28