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India's forex reserves at record high of US$ 454.49 billion as on 13 December 2019

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Capital Market

India's forex reserves jumps by US$ 1.07 billion in the week ended 13 December

India's foreign exchange reserves jumped by US$ 1.07 billion to US$ 454.49 billion in the week ended 13 December 2019. The foreign exchange reserves had stood at US$ 453.42 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 422.42 billion in the week ended 13 December 2019 from US$ 421.26 billion a week ago.

The gold asset also declined to US$ 26.97 billion from US$ 27.08 billion a week ago.

SDRs were flat at US$ 1.44 billion in the week ended 13 December 2019.

 

India's foreign exchange reserves increased by US$ 41.62 billion over March 2019, while jumped US$ 61.37 billion over a year ago level.

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First Published: Dec 20 2019 | 5:35 PM IST

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