Forex reserves hit all-time high at $322.14 billion
The reserves had surged by $236.4 million to $319.475 billion in the previous week
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India's foreign exchange reserves jumped by a massive $2.66 billion to touch all-time high of $322.135 billion in the week ended January 16, on account of surge in foreign currency assets, RBI said today.
The reserves had surged by $236.4 million to $319.475 billion in the previous week.
The previous life-time high for the reserves was $320.79 billion, way back in the week to September 2, 2011.
The foreign currency assets (FCAs), a major constituent of overall reserves, jumped $2.685 billion to $297.53 billion in the reporting week, as per the Reserve Bank data.
FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves.
The country's gold reserves remained unchanged at $19.377 billion.
Special drawing rights decreased by $19.3 million to $4.109 billion, while India's reserve position with the IMF dipped by $5.2 million to $1.118 billion during the week, the data showed.
The reserves had surged by $236.4 million to $319.475 billion in the previous week.
The previous life-time high for the reserves was $320.79 billion, way back in the week to September 2, 2011.
The foreign currency assets (FCAs), a major constituent of overall reserves, jumped $2.685 billion to $297.53 billion in the reporting week, as per the Reserve Bank data.
FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves.
The country's gold reserves remained unchanged at $19.377 billion.
Special drawing rights decreased by $19.3 million to $4.109 billion, while India's reserve position with the IMF dipped by $5.2 million to $1.118 billion during the week, the data showed.
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First Published: Jan 23 2015 | 5:40 PM IST