Foreign exchange reserves, expenditure: India

From Indpaedia
Revision as of 19:02, 23 November 2016 by Jyoti Sharma (Jyoti) (Talk | contribs)

Jump to: navigation, search

Hindi English French German Italian Portuguese Russian Spanish

This is a collection of articles archived for the excellence of their content.

Ups and downs over the years

2012=16: India's foreign exchange reserves

India’s foreign exchange reserves, 2012-16, and comparison with Brazil, Russia, China, South Africa, South Korea and Thailand ; Graphic courtesy: The Times of India, April 23, 2016

2016, Aug: $365.5bn: current record

Aug 06 2016 : PTI Forex kitty at all-time high of $365.5bn

Country's foreign exchange reserves rose by $2.8 billion to reach a life-time high of $365.5 billion in the week to July 29, helped by rise in foreign currency assets, the Reserve Bank said on Firday.

In the previous week, the reserves had dropped by $664 million to $362.7 billion.

Foreign currency assets (FCAs), a major component of the overall reserves, rose $2.8 billion to $341.04 billion in the reporting week, RBI data showed. FCAs, expressed in dollar terms, include the effect of appreciationdepreciation of non-US currencies such as euro, pound and yen held in the reserves.

Gold reserves remained unchanged at $20.6 billion.

The country's special drawing rights with International Monetary Fund increased by $8.5 million to $1.5 billion while the reserve position rose by $13.6 million to $2.4 billion, RBI said.

Personal tools
Namespaces

Variants
Actions
Navigation
Toolbox
Translate