Business

India's Forex Reserves Go Down To USD 360 bn

NEWS WORLD INDIA | 0
39
| } May 28 , 2016 , 14:26 IST
RBBIndia's foreign exchange reserves went down to $360.90 billion as on May 20, the Reserve Bank of India (RBI) said. According to the foreign exchange data released by RBI, the foreign exchange reserves stood at $360.90 billion as on May 20, against $361.02 billion as on May 13. On May 20, the foreign currency assets stood at $336.93 billion, gold $20.04 billion, special drawing rights $1.49 billion and the reserve postion with the International Monetary Fund (IMF) stood at $2.42 billion. On the other hand, the foreign exchange reserves as on May 13, comprised foreign currency assets that stood at $337.04 billion, gold $20.04 billion, special drawing rights $1.50 billion and the reserve position with the IMF stood at $2.43 billion.

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