India’s forex reserves up $1.73 billion

Our Bureau Mumbai | Updated on March 12, 2018 Published on November 07, 2014

India’s foreign exchange (forex) reserves rose by $1.73 billion in the week ended October 31 to touch $315.91 billion. The country’s foreign currency assets, which form a bulk of the forex reserves, were up $2.03 billion at $290.36 billion in the reporting week.

Gold reserves fell $275 million to $19.73 billion.

Special Drawing Rights and the country’s reserve position in the IMF fell by $19.5 million and $7 million, respectively.

Published on November 07, 2014
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