Business

Forex reserves up $4.6 bn to $702.9 bn for week ending September 12

By Martin Shwenk Leade

Copyright indiatimes

Forex reserves up $4.6 bn to $702.9 bn for week ending September 12

ANIIndia’s forex reserves

India’s foreign exchange reserves stood at $702.9 billion as on September 12, data released by the RBI on Friday showed. This is an increase of $4.69 billion from $698.3 billion. At the current level, the reserves are shy of $4 billion from the record high of $704.9 billion reached in late September 2024.The value of gold reserves jumped by $2.1 billion compared to the previous week at $92.42 billion. Meanwhile, the foreign currency assets rose to $587.04 billion, up $2.5 billion from the previous week. The SDRs were up were up $32 million to $18.73 billion and the reserve position in the IMF rose $9 million to $4.76 billion. Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our Economic Times WhatsApp channel)

Read More News onForexForex reservedsIndia forex reservesForex reserves indiaGold reservesindia gold reserves

(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless

(You can now subscribe to our Economic Times WhatsApp channel)Read More News onForexForex reservedsIndia forex reservesForex reserves indiaGold reservesindia gold reserves(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless

Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition123View all Stories