Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 1 minute ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Foreign exchange reserves increase by $1.148 billion, shows RBI data
September 03, 2017
 Print    Send to Friend

MUMBAI: India’s foreign exchange (Forex) reserves kitty increased by $1.148 billion as on August 25, 2017, an official data showed.

The Reserve Bank of India’s (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose to $394.55 billion from $393.40 billion reported for the week ended August 18. India’s Forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and the RBI’s position with the International Monetary Fund (IMF).

Segment-wise, FCAs — the largest component of the Forex reserves — augmented by $1.142 billion to $370.83 billion during the week under review.

Reuters

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
RBI revises norms to deal with bad debts
MUMBAI: The Reserve Bank of India (RBI) has brought out a revised framework for speedy resolution of non-performing assets (NPAs), or bad loans, by harmonising existing g..
Forex reserves rise by over $4 billion, shows RBI data
MUMBAI: India’s foreign exchange (Forex) reserves rose by $4.12 billion as on February 2, official data showed. The Reserve Bank of India’s (RBI) weekly statistical su..
RBI likely to hold interest rate at monetary policy review
MUMBAI: With the annual retail inflation rate breaching the five per cent mark in December and going over the RBI’s median level of four per cent, the central bank is wid..
Mauritius largest FDI source for India: RBI
MUMBAI: A census conducted by the Reserve Bank of India (RBI) showed that Mauritius was the largest source of FDI in India, followed by the US and the UK in 2016-17. T..
Indian benchmark 10-year bond yield rises as much as 13 bps
MUMBAI: India’s benchmark 10-year bond slumped to a nearly 18-month low on Thursday, sending its yield up as much as 17 basis points, after the government flagged additio..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright