India's forex reserves rises to US$ 537.548 billion as on 21 August 2020

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Capital Market
Last Updated : Aug 29 2020 | 9:05 AM IST

India's forex reserves jumps by US$ 2.296 billion in the week ended 21 August

India's foreign exchange reserves increased by US$ 2.30 billion to US$ 537.55 billion in the week ended 21 August 2020. The foreign exchange reserves had stood at US$ 535.25 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 494.17 billion in the week ended 21 August 2020 from US$ 491.55 billion a week ago.

The gold asset declined to US$ 37.26 billion from US$ 37.60 billion a week ago.

SDRs moved up to US$ 1.48 billion in the week ended 21 August 2020.

India's foreign exchange reserves increased by US$ 59.74 billion over March 2020, while jumped US$ 108.50 billion over a year ago level.

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First Published: Aug 29 2020 | 8:19 AM IST

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