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India's forex reserves at record high of US$ 473.00 billion as on 07 February 2020

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Capital Market
Last Updated : Feb 14 2020 | 8:50 PM IST

India's forex reserves jumps by US$ 1.701 billion in the week ended 07 February

India's foreign exchange reserves jumped by US$ 1.70 billion to US$ 473.00 billion in the week ended 07 February 2020. The foreign exchange reserves had stood at US$ 471.30 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 439.19 billion in the week ended 07 February 2020 from US$ 437.25 billion a week ago.

The gold asset eased to US$ 28.78 billion from US$ 29.00 billion a week ago.

SDRs were flat at US$ 1.44 billion in the week ended 07 February 2020.

India's foreign exchange reserves increased by US$ 60.13 billion over March 2019, while jumped US$ 74.88 billion over a year ago level.

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First Published: Feb 14 2020 | 8:29 PM IST

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