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Friday, September 12, 2014

India's forex reserves declined US$ 1.33 billion in the week ended 05 September 2014

Forex reserves stood at US$ 317.3 billion as on 05 September, rising US$ 13.09 billion in FY2015 so far 

India's foreign exchange (forex) reserves dipped US$ 1.327 billion to US$ 317.313 billion in the week ended 05 September 2014. Foreign currency assets fell US$ 1.028 million during the week under review to stand at US$ 290.364 billion as on 05 September 2014. 

Forex reserves have increased US$ 13.09 billion in FY2015 so far, while jumped US$ 42.507 billion in the calendar year 2014 so far. 

Gold reserves declined US$ 0.241 billion to at US$ 20.933 billion in the week ended 05 September 2014. Meanwhile, the Special Drawing Rights (SDRs) and the country's reserve position in the IMF also declined US$ 0.042 billion to US$ 4.344 billion and US$ 0.016 Billion to US$ 1.671 billion in the week ended 05 September 2014
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