Saturday, September 26 2020

July 19, 2020

Indian Forex reach all-time high of 516.362 billion dollars

Forex of India have increased by 3.108 billion USD to reach a fresh all-time high of 516.362 billion dollars in the week ended 10th July 2020. Foreign currency assets, a major part of the overall reserves, rose by 2.372 billion dollars to 475.635 billion USD.
Reserves of gold surged by 712 million dollars to end at 34.729 billion dollars. India’s special drawing rights with the International Monetary Fund rose by 5 million dollars to reach 1.453 billion dollars, while Indias reserve position also increased by 19 million dollars to 4.545 billion dollars.