Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

India's Forex Reserves Rise to Life-time High of $424.361 Billion

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

PTI

Updated:April 6, 2018, 11:02 PM IST
facebookTwitterskypewhatsapp
India's Forex Reserves Rise to Life-time High of $424.361 Billion
Representative Image. (Image: Reuters)
Loading...

Mumbai: The country's foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

Previously, the reserves had touched a record high of USD 421.914 billion on February 9. It had crossed the USD 400-billion mark for the first time in the week to September 8, 2017, but has since been fluctuating.

In the reporting week, the foreign currency assets, a major component of the overall reserves, rose by USD 1.823 billion to USD 399.118 billion.

Expressed in the US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of the non-US currencies such as the euro, the pound and the yen held in the reserves.

Gold reserves remained unchanged at USD 21.614 billion, the central bank said.

The special drawing rights with the International Monetary Fund rose by USD 2.1 million to USD 1.544 billion.

The country's reserve position with the IMF also increased by USD 2.8 million to USD 2.083 billion, the apex bank said.

| Edited by: Huma Tabassum
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 109.30 -5.90
Indiabulls Hsg 609.80 -6.86
Reliance 1,281.00 -0.10
IndusInd Bank 1,409.00 0.67
HDFC Bank 2,417.25 -0.20
Company Price Change %Gain
Yes Bank 109.30 -5.94
Indiabulls Hsg 609.70 -6.95
Infosys 750.65 1.38
Reliance 1,282.55 0.08
Godrej Consumer 671.25 2.07
Top Gainers
Company Price Change %Gain
Vedanta 168.10 2.47
Coal India 260.35 1.98
BPCL 385.55 1.96
Power Grid Corp 197.80 1.93
ICICI Bank 422.15 1.92
Company Price Change %Gain
Vedanta 168.00 2.47
Coal India 260.35 2.02
ICICI Bank 422.20 1.88
Power Grid Corp 197.70 1.88
Infosys 750.65 1.38
Top Losers
Company Price Change %Gain
Indiabulls Hsg 609.80 -6.86
Yes Bank 109.30 -5.90
Maruti Suzuki 6,439.00 -2.17
Hindalco 189.95 -1.89
Asian Paints 1,380.05 -1.56
Company Price Change %Gain
Yes Bank 109.30 -5.94
Maruti Suzuki 6,437.05 -2.20
Asian Paints 1,380.40 -1.53
Sun Pharma 378.40 -1.11
HDFC 2,154.30 -0.79

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results