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India's Foreign Exchange Reserves at $369 Billion: RBI

India's foreign exchange reserves went down $369.60 billion as on September 16, the Reserve Bank of India (RBI) announced.

IANS

Updated:September 24, 2016, 12:12 PM IST
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India's Foreign Exchange Reserves at $369 Billion: RBI
File photo of Reserve Bank of India building.

Chenani: India's foreign exchange reserves went down $369.60 billion as on September 16, the Reserve Bank of India (RBI) announced.

According to data released by the RBI, the reserves stood at $369.60 billion as on September 16, as against $371.27 billion as on September 9.

On September 16, the foreign currency assets stood at $344.07 billion, gold at $21.64 billion, special drawing rights at $1.49 billion and the reserve position in the International Monetary Fund (IMF) at $2.39 billion.

The reserves as on September 9 comprised foreign currency assets at $345.74 billion, gold at $21.64 billion, special drawing rights at $1.49 billion and the reserve position in the IMF at $2.39 billion.

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