 "Forex reserves rise to $279 bn for week ending Oct 11")
India's foreign exchange reserves rose in the week ending October 11 by $1.5 billion to $279.24 billion, shows Reserve Bank of India (RBI) data released Friday.
Foreign currency assets, a key component of reserves rose to $250.85 billion, a rise of $1.53 billion during the week. Gold reserves remained unchanged.
For the week under review, the Special Drawing Rights (SDRs) fell by $9.6 million to $4.43 billion, while India's reserve position with the International Monetary Fund was down by $4.7 million to $2.19 billion.
Foreign currency assets, a key component of reserves rose to $250.85 billion, a rise of $1.53 billion during the week. Gold reserves remained unchanged.
For the week under review, the Special Drawing Rights (SDRs) fell by $9.6 million to $4.43 billion, while India's reserve position with the International Monetary Fund was down by $4.7 million to $2.19 billion.