India’s forex reserves dips

India’s forex reserves dips marginally to $360.19 bn

Chennai, June 4 (IANS) India’s foreign exchange reserves dipped marginally to $360.19 billion as on May 27, the Reserve Bank of India (RBI) has said.

According to the foreign exchange data released by RBI, the foreign exchange reserves stood at $360.19 billion as on May 27, as against $360.90 billion as on May 20.

On May 27, the foreign current assets stood at $336.22 billion, gold $20.04 billion, special drawing rights $1.49 billion and the reserve position with the International Monetary Fund (IMF) stood at $2.42 billion.

On the other hand the foreign exchange reserves as on May 20 comprised of foreign currency assets that stood at $336.93 billion, gold $20.04 billion, special drawing rights $1.49 billion and the reserve position with the IMF stood at $2.42 billion.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here