Business Standard

Tuesday, December 24, 2024 | 09:57 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

India's forex reserves jumps US$ 4.37 billion in the week ended 26 April

Image

Capital Market

Forex reserves rises to US$ 418.5 billion as on 26 April 2019

India's foreign exchange reserves jumped by US$ 4.37 billion to US$ 418.52 billion in the week ended 26 April 2019. The foreign exchange reserves had stood at US$ 414.15 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 390.42 billion in the week ended 26 April 2019 from US$ 386.03 billion a week ago.

The gold assets were steady at US$ 23.30 billion and SDRs were flat at US$ 1.45 billion in the week ended 26 April 2019.

India's foreign exchange reserves increased by US$ 5.64 billion over March 2019, but declined US$ 1.85 billion over a year ago level, mainly driven by the decline in foreign currency assets.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 03 2019 | 5:20 PM IST

Explore News