Rediffmail Money rediffGURUS BusinessEmail

India's forex reserves hit all-time high at $322.14 billion

January 23, 2015 17:53 IST
Source:PTI

India's foreign exchange reserves jumped by a massive $2.66 billion to touch all-time high of $322.135 billion in the week ended January 16, on account of surge in foreign currency assets, Reserve Bank of India said on Friday.

The reserves had surged by $236.4 million to $319.475 billion in the previous week.

The previous life-time high for the reserves was $320.79 billion, way back in the week to September 2, 2011.

The foreign currency assets, a major constituent of overall reserves, jumped $2.685 billion to $297.53 billion in the reporting week, as per the Reserve Bank data.

FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves.

The country's gold reserves remained unchanged at $19.377 billion.

Special drawing rights decreased by $19.3 million to $4.109 billion, while India's reserve position with the InternaMF dipped by $5.2 million to $1.118 billion during the week, the data showed.

 

Source: PTI
© Copyright 2025 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

More News Coverage

Reserve Bank of India

RELATED STORIES

WEB STORIES

Recipe: Tandoori Jhinga

Recipe: Festive Carrot-Spinach Pulao

International Museum Day: 11 Wonderful Indian Museums

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email