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India Forex reserves touch all time high of 457.468 billion


India Forex reserves touch all time high of 457.468 billion

 

India's foreign exchange reserves got by 2.520 billion USD to touch a record high of 457.468 billion USD in the week on 27th December 2019.

The foreign currency assets, a significant part of the overall reserves, rose by 2.203 billion USD to 424.936 billion USD.

The reserves surged by 456 million USD to end at 454.948 billion USD.

Gold reserves increased by 260 million USD to end at 27.392 billion USD.

India's exclusive drawing rights with the International Monetary Fund, however, dipped by 2 million USD to 1.441 billion USD, while the country's reserve position increased by 58 million USD to 3.7 billion USD.



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