Rediffmail Money rediffGURUS BusinessEmail

Forex reserves up at $118.62 bn

May 22, 2004 13:46 IST
Source:PTI

India's foreign exchange reserves rose marginally by $49 million to touch $118.62 billion for the week ended May 14.

The country's foreign currency assets increased by $70 million to $113.16 billion during the period under review, according to the Reserve Bank of India's weekly statistical supplement issued in Mumbai on Saturday.

Gold reserves and special drawing rights remained static at $4.191 billion and $2 million, respectively.

India's Reserve Tranche Position with the International Monetary Fund declined by $21 million to $1.270 billion, the central bank added.

Loans and advances to the central government showed a nil balance while that to state governments were up by Rs 569 crore (Rs 5.69 billion) to Rs 4,005 crore (Rs 40.05 billion), RBI added.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

The Chia Cure: 8 Reasons To Have Chia Seeds

10 Foods That Are Good For Your Gut

Amish's Baked Eggplant: 30-Min Recipe

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email