India’s foreign exchange reserves have recorded a rise of 458 million US Dollars to 353.527 billion dollars in the week ended 16th October.
A RBI release said foreign currency assets, a major part of the overall reserves, was marginally up by 452.5 million dollars to 329.970 billion dollars.
In the previous week, the reserves jumped by a healthy 2.263 billion dollars to 353.069 billion dollars. The Gold reserves remained unchanged at 18.151 billion dollars in the reporting week.
India’s special drawing rights with the International Monetary Fund rose by 4.2 million dollars to touch 4.081 billion dollars. India’s reserve position with the International Monetary Fund also grew by 1.3 million dollars to 1.323 billion dollars.
