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Friday, September 26, 2014

India's forex reserves flat at US$ 315.6 billion in the week ended 19 September 2014

Forex reserves declines marginally by US$ 0.101 billion in week ended 19 September 

India's foreign exchange (forex) reserves eased slightly by US$ 0.101 billion to remain nearly flat at US$ 315.597 billion in the week ended 19 September 2014. The marginal decline in forex reserves was mainly contributed by decline in country's reserve position in the IMF by US$ 0.112 billion to US$ 1.555 billion in the week ended 19 September 2014. 

Foreign currency assets were nearly flat at US$ 288.784 billion as on 19 September 2014. 

Gold reserves were flat at US$ 20.933 billion in the week ended 19 September 2014. 

Meanwhile, the Special Drawing Rights (SDRs) eased slightly to stand at US$ 4.325 billion as on 19 September 2014. 

Forex reserves have increased US$ 11.373 billion in FY2015 so far, while jumped US$ 38.215 billion in the calendar year 2014 so far.
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