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RBI's forex reserves rise $1.39 bn

Foreign currency assets, a key component of reserves rose by $1.37 bn to $287.96 bn

BS Reporter  |  Mumbai 

The Reserve Bank of India’s foreign exchange reserves rose $1.39 billion to $314.92 billion in the week ending June 20, data released on Friday show. Foreign currency assets, a key component of reserves, rose $1.37 billion to $287.96 billion.

Gold reserves remained unchanged during the week. For the week under review, the Special Drawing Rights rose $9.3 million to $4.46 billion, while India’s reserve position with the International Monetary Fund was up $3.5 million to $1.71 billion.

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First Published: Sat, June 28 2014. 00:42 IST