December 7, 2016

India’s forex reserves have reached an all time high. Reserve in the week ended on September 9 million to $ 351 million level of 37127 is reached.

These are by far the highest level of forex reserves. Forex reserves increased by 98.9 million in the previous week stood at $ 36 776 million.

 

TradeIndia Research RBI2

 

Advances in forex reserves is believed that the policy of the central bank’s new governor Raghuram Rajan Patel Urjit are carrying on. Raghuram Rajan insisted that the policy was strong forex reserves. Rajan million three-year term in the reserve in 9200 were linked.

Foreign currency assets in the week ended on September 9 million to $ 350 million level reached 34 574.

Non-US currency in foreign currency assets, such as the euro, pound and yen volatility is calculated in US dollar. Meanwhile, gold reserves are unchanged at the level of 2164 million.

 

TIR-Sensex1

 

The country’s special rights in the IMF rose to $ 149 million to $ 53 million is. Reserve position with the fund is $ 13 million down to $ 239.5 million.

 

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