City
Epaper

India's forex reserves rise by $1.81 bn

By IANS | Updated: April 17, 2020 22:55 IST

India's foreign exchange reserves rose by $1.81 billion during the week ended April 10, RBI data said.

Open in App

Mumbai, April 17 India's foreign exchange reserves rose by $1.81 billion during the week ended April 10, RBI data said.

According to the RBI's weekly statistical supplement, the overall forex reserves increased to $476.47 billion from $474.66 billion reported for the week ended April 3.

India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India's reserve position with the International Monetary Fund (IMF).

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $1.22 billion to $440.33 billion.Similarly, the value of the country's gold reserves increased by $586 million to $31.13 billion.

Though the SDR value declined by $4 million to $1.42 billion, the country's reserve position with the IMF went up by $11 million to $3.57 billion.

( With inputs from IANS )

Tags: indiamumbaiInternational Monetary Fund
Open in App

Related Stories

MaharashtraMaharashtra Government Declares January 15, 2026, as a Public Holiday for Municipal Elections

Mumbai'Feel Ashamed as Mumbaikar': Mahesh Manjrekar Slams Unplanned Development, Says City No Longer Liveable

MumbaiMumbai Fire: Two Dead After Blaze Breaks Out on Third Floor of Commercial Building in Andheri

Mumbai“Unlike Others, We Are Talking About Mumbai and Its Citizens”: Aaditya Thackeray Takes Dig at Mahayuti Alliance

MumbaiMumbai: Teacher Dies by Suicide Allegedly Over Relationship Dispute; No Note Found

Business Realted Stories

BusinessEast and South Asia stay resilient despite global uncertainty; India to grow 6.6% in 2026: UN report

BusinessGlobal economy resilient, but trade tensions, fiscal strains cloud outlook: United Nations report

BusinessBMW Group India achieves record-breaking sales of 18,001 units in 2025

BusinessBHEL commences supply of semi-high-speed underslung traction converters for Vande Bharat sleeper trains

BusinessGlobal air travel demand increases 5.7% YoY in November 2025: IATA