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Forex reserves rises to $367 bn

As per the data released by RBI, foreign exchange reserves stood at $367.16 billion as on Aug 19

Policy Pulse
Publish Date: Aug 27 2016 2:34PM | Updated Date: Aug 27 2016 2:34PM

Forex reserves rises to $367 bn

 India's foreign exchange reserves increased to $367.16 billion as on August 19, the Reserve Bank of India (RBI) said on Saturday.

 
As per the data released by the central bank, the foreign exchange reserves stood at $367.16 billion as on August 19, as against $365.82 billion as on August 12.
 
On August 19, the foreign current assets  was at $341.67 billion, gold $21.58 billion, special drawing rights $1.49 billion and the reserve position with the International Monetary Fund (IMF)was at $2.41 billion.
 
Foreign exchange reserves as on August 12 included foreign currency assets that stood at $340.35 billion, gold $21.58 billion, special drawing rights $1.48 billion and the reserve position with the IMF stood at $2.39 billion.