Poket News

India's foreign exchange reserves touch all time high of 551.505 billion dollars

 

  • India's foreign exchange reserves have jumped by 5.867 billion dollars to touch a new high of 551.505 billion dollars in the week ended 9th October.
  • Foreign currency assets, a major part of the overall reserves, surged by 5.737 billion dollars to 508.783 billion dollars. 
  • The gold reserves rose by 113 million dollars in the reporting week to reach 36.598 billion dollars. 
  • Special drawing rights with the International Monetary Fund rose marginally by 4 million to 1.480 billion dollars.