Forex reserves improves to US$ 349.15 billion as on 29 January
India's foreign exchange (forex) reserves increased US$ 1.59 billion in the week ended 29 January 2015 to touch a level US$ 349.1524 billion. Foreign currency assets moved up US$ 1.58 billion during the week under review to US$ 326.63 billion as on 29 January 2015.Forex reserves have increased US$ 7.51 billion in FY2016 so far, while it jumped US$ 21.27 billion over a year ago level.
Gold reserves were flat at US$ 17.24 billion in the week ended 29 January 2015. Meanwhile, the Special Drawing Rights (SDRs) and the country's reserve position in the IMF was flat at US$ 3.99 billion and US$ 1.29 billion, respectively in the week ended 29 January 2015.
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