India's forex reserves rises marginally to US$ 393.29 billion as on 21 December

Forex reserves moves up by US$ 0.167 billion in the week ended 21 December

India's foreign exchange reserves rose marginally to US$ 393.29 billion in the week ended 21 December 2018. The foreign exchange reserves had stood at US$ 393.12 a week ago.

Within the foreign exchange reserves, the foreign currency assets rose to US$ 367.97 billion in the week ended 21 December 2018 from US$ 367.87 billion a week ago. The gold asset also moved up marginally to US$ 21.22 billion from US$ 21.19 billion a week ago. SDRs were flat at US$ 1.46 billion in the week ended 21 December 2018.

 

India's foreign exchange reserves have dipped by US$ 31.26 billion over March 2018 and US$ 11.63 billion over a year ago level, mainly driven by the decline in foreign currency assets.

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