Forex Reserves at Life-Time High of $379.310 Billion
The country's forex reserves rose by a whopping $4.036 billion to life-time high of $379.310 billion in the week ended May 19, helped by a surge in the foreign currency assets, the Reserve Bank said.
Representative image. (Image: Reuters)
Mumbai: The country's forex reserves rose by a whopping $4.036 billion to life-time high of $379.310 billion in the week ended May 19, helped by a surge in the foreign currency assets, the Reserve Bank said.
Last week, the reserves had declined by $443.6 million to $375.27 billion.
Expressed in US dollar terms, FCAs include the effects of appreciation/depreciation of non-US currencies, such as the euro, pound and the yen, held in the reserves.
Gold reserves remained stable at $20.438 billion. The special drawing rights with the International Monetary Fund increased by $15 million to $1.469 billion.
The country's reserve position with the IMF, too, rose by $25.2 million to $2.305 billion, the RBI said.
|Dr Reddys Labs||2,457.75||-28.80||-1.16|
Recommended For You
- Micromax Canvas Infinity Review: Most Affordable Bezel-Less Smartphone
- Haseena Parkar Review: Lacks Everything Required For a Compelling Cinematic Experience
- Breaking Myths With Mandira Bedi: Crunches Are The Key To Get Flat Abs
- 10 Best Crime Thrillers That Promise Goosebumps And Excitement
- Rahul Dev Guides You About Battle Ropes Workout