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India's Forex Reserves rises US$ 0.94 billion in the week ended 25 December 2015

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Capital Market

Forex reserves moves up to US$ 352.05 billion as on 25 December

India's foreign exchange (forex) reserves increased US$ 0.94 billion in the week ended 25 December 2015 to touch a level US$ 352.05 billion. Foreign currency assets moved up US$ 0.92 billion during the week under review to US$ 329.19 billion as on 25 December 2015.

Forex reserves have increased US$ 10.41 billion in FY2016 so far, while jumped US$ 32.34 billion in the calendar year 2015.

Gold reserves dipped US$ 0.00 billion to US$ 17.54 billion in the week ended 25 December 2015. Meanwhile, the Special Drawing Rights (SDRs) and the country's reserve position in the IMF was flat at US$ 4.01 billion and US$ 1.30 billion, respectively in the week ended 25 December 2015.

 

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First Published: Jan 01 2016 | 5:30 PM IST

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