India's forex reserves jumps by US$ 3.01 billion in the week ended 22 May

Foreign exchange reserves rises by US$ 12.24 billion over March 2020

India's foreign exchange reserves increased by US$ 3.01 billion to US$ 490.04 billion in the week ended 22 May 2020. The foreign exchange reserves had stood at US$ 487.04 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 451.71 billion in the week ended 22 May 2020 from US$ 448.67 billion a week ago.

The gold asset also eased to US$ 32.78 billion from US$ 32.91 billion a week ago.

SDRs were flat at US$ 1.43 billion in the week ended 22 May 2020.

India's foreign exchange reserves moved up by US$ 12.24 billion over March 2020, while jumped US$ 70.05 billion over a year ago level.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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