Monday, February 6, 2012

Forex reserves jumps over $2-bn to $320.4 bn

The foreign exchange reserves rose by USD 2.032 billion to USD 320.39 billion on the back of a jump in foreign currency assets. Total forex reserves had risen by USD 858 million in the previous reporting week to USD 318.358 billion. Foreign currency assets, the biggest component of the foreign reserves, were up by USD 1.931 billion for the reporting week to USD 284.445 billion for the week ended October 28, the Reserve Bank said in its weekly data released this evening.
Source: Economic Times

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