Forex reserves rises to US$ 414.9 billion as on 12 April 2019
India's foreign exchange reserves jumped by US$ 1.11 billion to US$ 414.89 billion in the week ended 12 April 2019. The foreign exchange reserves had stood at US$ 413.78 a week ago.Within the foreign exchange reserves, the foreign currency assets rose to US$ 386.76 billion in the week ended 12 April 2019 from US$ 386.12 billion a week ago. The gold asset declined marginally to US$ 23.30 billion from US$ 23.23 billion a week ago. SDRs were flat at US$ 1.46 billion in the week ended 12 April 2019.
India's foreign exchange reserves increased by US$ 2.02 billion over March 2019, but declined US$ 11.20 billion over a year ago level, mainly driven by the decline in foreign currency assets.
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