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India's forex reserves rises to US$ 516.362 billion as on 03 July 2020

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Capital Market
Last Updated : Jul 18 2020 | 11:04 AM IST

India's forex reserves jumps by US$ 3.108 billion in the week ended 03 July

India's foreign exchange reserves increased by US$ 3.11 billion to US$ 516.36 billion in the week ended 03 July 2020. The foreign exchange reserves had stood at US$ 513.25 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 475.64 billion in the week ended 03 July 2020 from US$ 473.26 billion a week ago.

The gold asset also improved to US$ 34.73 billion from US$ 34.02 billion a week ago. SDRs were flat at US$ 1.45 billion in the week ended 03 July 2020.

India's foreign exchange reserves jumped by US$ 38.56 billion over March 2020, while galloped US$ 87.57 billion over a year ago level.

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First Published: Jul 18 2020 | 10:39 AM IST

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