Forex reserves up $5.84 bn

Our Bureau Updated - February 06, 2015 at 06:26 PM.

For the week ended January 30, India’s foreign exchange (forex) reserves jumped by a massive $5.84 billion to $327.88 billion, an all time high.

Foreign currency assets, which form a bulk of the forex reserves, rose $5.81 billion in the reporting week to $303.32 billion.

Gold Reserves remained unchanged at $19.37 billion.

Country’s special drawing rights and reserve position in the International Monetary Fund rose by $24.6 million and $6.8 million to $4.07 billion and $1.11 billion, respectively.

Published on February 6, 2015 12:56