News APP

NewsApp (Free)

Read news as it happens
Download NewsApp
Home  » Business » Forex reserves up at $107.67 billion

Forex reserves up at $107.67 billion

Source: PTI
February 28, 2004 17:33 IST
Get Rediff News in your Inbox:

India's foreign exchange reserves surged ahead with further accretion of $169 million due to fresh inflows and revaluation of the US currency vis-a-vis other currencies for the week ended February 20.

The foreign exchange reserves stood at $107.675 billion following inflows of $169 million, according to the Reserve Bank of India's weekly statistical bulletin released in Mumbai on Saturday.

The foreign currency assets also saw a similar increase of $169 million to touch $103.384 billion, it said.

Gold reserves and special drawing rights during this period remained static at $4.289 billion and $2 million, respectively.
Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!