Forex

Forex reserves up $2.71 bn to $320.56 bn

Our Bureau Mumbai | Updated on March 12, 2018 Published on August 01, 2014

India’s foreign exchange (forex) reserves increased by $2.71 billion to $320.56 billion in the week ended July 25.

Foreign currency assets, which form a bulk of the reserves, rose $2.73 billion to $293.78 billion in the reporting week.

Gold reserves remained unchanged at $20.63 billion.

Special Drawing Rights (SDRs) and the country’s reserve position in the IMF fell by $13.6 million and $5.3 million, respectively.

Published on August 01, 2014
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