Mumbai: The foreign exchange reserves went up by $2.048 billion to touch $292.856 billion for the week ended February 15 due to rise in foreign currency assets. The reserves had fallen by $1.86 billion to $290.8 billion in the previous week (February 8).
Foreign currency assets rose by $2.055 billion to $283 billion in the week ended February 15. During the week under consideration, the euro appreciated from $1.4520 to $1.4670. The pound also rose from $1.945 to $1.965.
Foreign currency assets, as expressed in dollars, include the effect of appreciation or depreciation in non-US currencies (euro, sterling and yen) held in reserves.The gold reserves remained unchanged at $9.19 billion. The country''s reserve position in the IMF fell rose by $2 million to $419 million.
Foreign currency assets rose by $2.055 billion to $283 billion in the week ended February 15. During the week under consideration, the euro appreciated from $1.4520 to $1.4670. The pound also rose from $1.945 to $1.965.
Foreign currency assets, as expressed in dollars, include the effect of appreciation or depreciation in non-US currencies (euro, sterling and yen) held in reserves.The gold reserves remained unchanged at $9.19 billion. The country''s reserve position in the IMF fell rose by $2 million to $419 million.
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