Forex reserves up $2.43 billion

Our Bureau Updated - March 12, 2018 at 01:59 PM.

Foreign exchange reserves rose by $2.43 billion during the week ended September 14, to $294.47 billion.

In the previous week ended September 7, the reserves stood at $292.04 billion.

The forex reserves comprise foreign currency assets, gold reserves, SDRs (Special Drawing Rights) and reserve tranche position in the IMF.

The increase in reserves during the week was mainly on account of foreign currency assets going up by $2.33 billion. There was, however, no change in gold reserves of the country which was at $26.23 billion.

Since March-end, the reserves have risen by $79.3 million.

>satyanarayan.iyer@thehindu.co.in

Published on September 21, 2012 16:50