Tuesday, August 16th, 2022 01:36:43

India’s forex reserve s reaches 545.638 billion dollars

Updated: October 10, 2020 12:29 pm
India’s foreign exchange reserves have recorded a rise of 3.618 billion dollars to touch a new lifetime high of 545.638  billion dollars in the week ended 2nd October. Foreign currency assets, a major part of the overall reserves, increased by 3.104 billion dollars to 503.046 billion dollars.

The gold reserves rose by 486 million dollars in the reporting week to reach 36.486 billion dollars. The country’s special drawing rights with the International Monetary Fund rose marginally by 4 million dollars to 1.476 billion dollars, while reserve position with the IMF also went up by 23 million dollars to 4.631 billion dollars.

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