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India's forex reserves rises US$ 1.88 billion in the week ended 11 October

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Capital Market

Forex reserves jumps to US$ 439.7 billion as on 11 October 2019

India's foreign exchange reserves increased by US$ 1.88 billion to US$ 439.71 billion in the week ended 11 October 2019. The foreign exchange reserves had stood at US$ 437.83 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 407.88 billion in the week ended 11 October 2019 from US$ 405.61 billion a week ago.

The gold assets also moved up to US$ 26.78 billion from US$ 27.18 billion a week ago.

SDRs were flat at US$ 1.43 billion in the week ended 11 October 2019.

 

India's foreign exchange reserves increased by US$ 26.84 billion over March 2019, while jumped US$ 45.25 billion over a year ago level.

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First Published: Oct 19 2019 | 9:31 AM IST

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