India Forex Reserves Increase

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Friday, the Reserve Bank of India said in a report that the international reserves stood at US$ 277.649 billion as on on September 4, up from the US$ 276.362 billion in the previous week.

At the same time, the foreign currency assets increased to US$ 261.657 billion from US$ 260.523 billion last week. Similarly, the gold reserves rose to US$ 9.83 billion from US$ 9.671 billion.

Meanwhile, nation's reserve position in the international monitory fund stood at US$ 1.346 billion, down from US$ 1.347 billion last week.

Friday, the Reserve Bank of India said in a report that the international reserves stood at US$ 277.649 billion as on on September 4, up from the US$ 276.362 billion in the previous week. (Market News Provided by RTTNews)