India’s forex reserves position estimated at $688.27 billion

India’s foreign exchange reserves position as on October 18, 2024 was estimated at $688.27 billion, the Reserve Bank of India (RBI) said on Tuesday while releasing the 43rd Half Yearly Report on Management of Foreign Exchange Reserves April - September 2024.

This includes Foreign Currency Assets (FCA) of $598.24 billion, Gold worth $67.44 billion, Special Drawing Rights (SDRs) of $18.27 billion and Reserve Tranche Position (RTP) of $4.32 billion, the RBI said

Published - October 29, 2024 11:19 pm IST

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
You might also like