Back Office Login

you are here: Equity | News | Economy News| Detailed News
Economy NewsBack
India's forex reserves jumps to US$ 396.08 billion as on 04 January
11-Jan-19   17:39 Hrs IST
India's foreign exchange reserves surged sharply by US$ 2.68 billion to US$ 396.08 billion in the week ended 04 January 2019. The foreign exchange reserves had stood at US$ 393.40 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 370.29 billion in the week ended 04 January 2019 from US$ 368.08 billion a week ago. The gold asset also moved up to US$ 21.69 billion from US$ 21.22 billion a week ago. SDRs were flat at US$ 1.46 billion in the week ended 04 January 2019.

India's foreign exchange reserves have dipped by US$ 28.46 billion over March 2018 and US$ 15.04 billion over a year ago level, mainly driven by the decline in foreign currency assets.

Powered by Capital Market - Live News