 "India's foreign exchange reserves rise by $1.31 bn")
The country's foreign exchange reserves rose by $1.31 billion for the week-ended October 10 to $312.74 billion, show data released by the Reserve Bank of India (RBI) on Friday.
The reserves are near the level last seen in the week ending June 6 at $312.59 billion.
Foreign currency assets, a key component of reserves, rose $1.30 billion to $286.89 billion.
The Special Drawing Rights (SDRs) rose $9.3 million to $4.29 billion, while the country's reserve position with the International Monetary Fund was up $3.3 million to $1.54 billion.
Note: This copy had incorrectly mentioned that forex reserves were at a 4-month low. The error has been corrected. We regret the same.
The reserves are near the level last seen in the week ending June 6 at $312.59 billion.
Foreign currency assets, a key component of reserves, rose $1.30 billion to $286.89 billion.
Also Read
Gold reserves remained unchanged during at $20.01 billion.
The Special Drawing Rights (SDRs) rose $9.3 million to $4.29 billion, while the country's reserve position with the International Monetary Fund was up $3.3 million to $1.54 billion.
Note: This copy had incorrectly mentioned that forex reserves were at a 4-month low. The error has been corrected. We regret the same.