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India`s forex reserves rise to USD 93.66 billion
Mumbai, Nov 22: There was further accretion of USD 452 million during the week ending November 14 taking the country`s foreign exchange reserves to record high of USD 93,663 million.
Mumbai, Nov 22: There was further accretion of USD 452 million during the week ending November 14 taking the country's foreign exchange reserves to record high of USD 93,663 million.
Fresh inflows swelled the reserves from USD 93,211 million to USD 93,663 million till November 14.
The foreign currency assets rose to USD 89,740 million, up by USD 453 million in the period under review, according to Reserve Bank of India's weekly statistical supplement released here today.
Gold reserves remained unchanged at USD 3,920 million. However, the special drawing rights declined by USD 1 million to touch USD 3 million, the Central Bank added.
The Reserve Tranche Position (RTP) with the international monetary policy saw inflows of USD 18 million to raise it to USD 1,212 million. The RTP may change, from time to time, due to India's transactions under financial transaction plan with the IMF, it said.
Bureau Report