Business Standard

Forex reserves rise by $1.09 mn to $354.43 bn

Foreign currency assets rose by $1.04 bn to $330.84 bn

U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul

BS Reporter Mumbai
The Reserve Bank of India (RBI)'s foreign exchange reserves rose by $1.09 billion for the week ending August 14 to $354.43 billion, show data released on Friday. Foreign currency assets, a key component of foreign exchange reserves, rose $1.04 billion to $330.84 billion. During the week gold reserves remained unchanged at $18.25 billion.

For the week under review, the special drawing rights (SDRs) rose $35.4 million to $4.06 billion, while India's reserve position with the International Monetary Fund stood at $1.29 billion, recording a rise of $11.2 million.

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First Published: Aug 22 2015 | 12:37 AM IST

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