India’s forex increased marginally to $361 bn

Chennai, April 30 (IANS) India’s foreign exchange reserves increased marginally to $361.60 billion as on April 22, 2016, the Reserve Bank of India (RBI) said.

According to RBI’s forex data the reserves stood at $361.60 billion as on April 22 against $360.25 billion for the week ended April 15, 2016.

As an April 22, foreign currency assets stood at $337.53 billion, gold $20.11 billion, special drawing rights $1.49 billion and the reserve position with International Monetary Fund (IMF) stood at $2.45 billion.

On the other hand, the forex reserves for the week ended April 15, 2016, consisted of foreign currency assets of $336.18 billion, gold reserves of $20.11 billion, special drawing rights of $1.49 billion and the reserve position with IMF of $2.45 billion.

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