Business Standard

Forex reserves rises by $544 million

Foreign currency assets rises by $500 to reach $247.2 billion

BS Reporter Mumabi
Country’s forex reserves rose by $544 million to reach $275.3 billion according to date released by the Reserve Bank of India.

Foreign currency assets (FCR) which forms the substantial part of the reserves rose by $500 to reach $247.2 billion.

Country's reserve position at International Monetary Fund (IMF) increased by $14 million to $1.9 billion while special drawing rights from IMF increased by $30 million to $4.3 billion.

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First Published: Sep 21 2013 | 12:25 AM IST

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