Home Forex Exchange Indias forex reserves jumps by US$ 1.62 billion in the week ended 09 August – Business Standard

Indias forex reserves jumps by US$ 1.62 billion in the week ended 09 August – Business Standard

1 min read
0
5

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.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published.

Check Also

GBP/CAD was the best-performing FX trade this week – ForexLive

A look at weekly FX performance It was a strange week in the FX market and felt like nothi…