India's forex reserves rises to US$ 481.08 billion as on 01 May 2020

India's forex reserves jumps by US$ 1.622 billion in the week ended 01 May

India's foreign exchange reserves increased by US$ 1.62 billion to US$ 481.08 billion in the week ended 01 May 2020. The foreign exchange reserves had stood at US$ 479.46 a week ago.

Within the foreign exchange reserves, the foreign currency assets moved up to US$ 443.32 billion in the week ended 01 May 2020 from US$ 441.56 billion a week ago.

The gold asset eased to US$ 32.28 billion from US$ 32.90 billion a week ago.

SDRs were flat at US$ 1.43 billion in the week ended 01 May 2020.

India's foreign exchange reserves moved up by US$ 3.27 billion over March 2020, while jumped US$ 62.39 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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