Forex reserves further rises to US$343 billion as on 03 April
India's foreign exchange (forex) reserves increased US$ 1.63 billion in the week ended 03 April 2015 to touch a level US$ 343 billion. Foreign currency assets moved up US$ 2.40 billion during the week under review to US$ 318.64 billion as on 03 April 2015.Forex reserves have increased US$ 1.3 billion in FY2016 so far, while jumped US$ 36.36 billion in the calendar year 2015 so far.
Gold reserves dipped US$ 0.8 billion in the week ended 03 April 2015. Meanwhile, the Special Drawing Rights (SDRs) and the country's reserve position in the IMF was flat at US$ 4.0 billion and US$ 1.3 billion, respectively in the week ended 03 April 2015.
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