India's forex reserves down marginally

The reserves stood at $361.02 billion as on May 13, against $361.99 billion as on May 6

India's forex reserves down marginally
IANS Chennai
Last Updated : May 21 2016 | 11:59 AM IST

India's foreign exchange reserves went down marginally by $970 million from $361 billion as on May 13, the Reserve Bank of India (RBI) said.

According to RBI's foreign exchange data, the reserves stood at $361.02 billion as on May 13, against $361.99 billion as on May 6.

On May 13, the foreign currency assets stood at $337.04 billion, gold $20.04 billion, special drawing rights $1.50 billion and the reserve position with the International Monetary Fund (IMF) stood at $2.43 billion.

On the other hand, the foreign exchange reserves as on May 6, comprised foreign currency assets that stood at $337.99 billion, gold at $20.04 billion, special drawing rights at $1.51 billion and the reserve position with the IMF at $2.44 billion.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 21 2016 | 8:30 AM IST

Next Story