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

MumbaiTravel From Mumbai Airport To Get Costlier? New UDF Rates Effective From May 16, 2025 – Check More Details

National"We Are An Indian Brand'' : Hyderabad’s Karachi Bakery Faces Heat From Protesters As India-Pakistan Tensions Escalate

ThaneThane Water Cut: TMC Announces 24-Hour Supply Disruption on May 9; Check Complete List Of Affected Areas

InternationalOperation Sindoor: Pakistan, China Shocked as India Destroys HQ-9 Air Defence System in Lahore

MaharashtraMaharashtra Weather Update: Unseasonal Rain and Strong Winds to Continue in Several Parts of State; Hailstorms Likely in Central Regions

Business Realted Stories

BusinessIndia needs reliable, scalable AI infrastructure: NITI Aayog

BusinessAtal Pension Yojana accumulates over 7.65 crore subscribers, mobilises Rs 45,974.67 crore by April

BusinessIndia bans Pakistan-origin content on OTT platforms, streaming services

BusinessBharat Forge Q4 net profit falls 11.6 pc, revenue drops

BusinessSayantani Putatunda: Bengal's Untamed Storyteller the Film World Forgot to Discover