Comments
India’s foreign exchange reserves jumped by $2.01 billion in the week ended June 15, compared with an increase of $1.52 billion in the previous week. As on June 15, the forex reserves, comprising predominantly of foreign currency assets and gold, stood at $289.39 billion. Since March-end 2012, the country’s forex reserves have dipped by $5 billion. During the reporting week, the rupee had appreciated from 55.74 (close on June 11 against the dollar) to 55.30 (on June 15). Further, India’s reserve position in the IMF and Special Drawing Rights increased by $58.3 million and $25.7 million, respectively. —
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.