Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Forex reserves climb $582 million to record $542.013 billion


Date: 12-09-2020
Subject: Forex reserves climb $582 million to record $542.013 billion
MUMBAI: The country's foreign exchange reserves  rose by $582 million to reach a lifetime high of $542.013 billion in the week ended September 4, RBI data showed on Friday. 

In the previous week ended August 28, the reserves had surged by $3.883 billion to $541.431 billion. 

In the reporting week, the foreign currency assets (FCA), a major component of the overall reserves, increased by $269 million to $498.362 billion, the data showed. 

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

The gold reserves rose by $321 million in the reporting week to $37.521 billion, as per the central bank data. 

The special drawing rights with the International Monetary Fund (IMF) marginally increased by $2 million to $1.482 billion. 

The country's reserve position with the IMF declined by $9 million to $4.647 billion during the reporting week. 

Source:-timesofindia.indiatimes.com 

Infodrive India Pvt Ltd

Delhi :
  F-19, Pocket F, Okhla Phase-I
      Okhla Industrial Area

      New Delhi- 110020
   011 - 40703001

Kolkata :
  5th Floor Stesalit Towers,
      E-2-3, EP & GP Block,

      Sector-V, Salt Lake City,
      Kolkata-700 091
   033 - 71177191

INFODRIVE INDIA Copyright © 1996-2020 InfodriveIndia. All Rights Reserved.
Please read our Terms of Use and Privacy Policy before you use.

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+