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India's forex reserves rises to fresh record high of US$ 447.81 billion as on 08 November 2019

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Capital Market

India's forex reserves jumps by US$ 1.71 billion in the week ended 08 November

India's foreign exchange reserves jumped by US$ 1.71 billion to US$ 447.81 billion in the week ended 08 November 2019. The foreign exchange reserves had stood at US$ 446.10 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 415.83 billion in the week ended 08 November 2019 from US$ 413.65 billion a week ago.

The gold asset declined to US$ 26.91 billion from US$ 27.35 billion a week ago.

SDRs were flat at US$ 1.44 billion in the week ended 08 November 2019.

 

India's foreign exchange reserves increased by US$ 34.94 billion over March 2019, while jumped US$ 54.80 billion over a year ago level.

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First Published: Nov 15 2019 | 5:14 PM IST

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