BUSINESS

Forex reserves up at $107.67 billion

Source:PTI
February 28, 2004 17:33 IST

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.
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.

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email