India's forex reserves reach $330 bn

Image
IANS Chennai
Last Updated : Feb 13 2015 | 9:05 PM IST

India's foreign exchange reserves rose to around $330 billion Feb 6, up from $327.8 billion a week before, the Reserve Bank of India (RBI) said Friday.

In its weekly statistical bulletin supplement, the RBI said the total foreign exchange reserves stood at $330 billion Feb 6 as against $327 billion Jan 30.

According to the RBI, the foreign currency assets Feb 6 stood at $304.4 billion as compared to $303.3 billion Jan 30.

The gold reserves stood at $20 billion Feb 6 up from $19.3 billion.

The special drawing rights went up marginally $4.09 billion from $4.07 billion during the period under review.

On the other hand, the reserve position with International Monetary Fund went down to $977 million from $1.1 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: Feb 13 2015 | 9:00 PM IST

Next Story