Forex reserves rises to US$ 430.6 billion as on 09 August 2019
India’s foreign exchange reserves jumped by US$ 1.62 billion to US$ 430.57 billion in the week ended 09 August 2019. The foreign exchange reserves had stood at US$ 428.95 a week ago.
Within the foreign exchange reserves, the gold assets galloped to US$ 26.75 billion from US$ 25.16 billion a week ago, mainly contributing to the rise in forex reserves.
The foreign currency assets moved up to US$ 398.74 billion in the week ended 09 August 2019 from US$ 398.72 billion a week ago.
SDRs rose to US$ 1.44 billion in the week ended 09 August 2019 from US$ 1.43 billion a week ago.
India’s foreign exchange reserves increased by US$ 17.70 billion over March 2019, while jumped US$ 29.69 billion over a year ago level.
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