Kumari Palany & Co

Gold reserves increased

Posted on: 12/Oct/2015 11:54:36 AM
According to RBI data country`s foreign exchange reserves jumped by $827.4 million to $350.805 billion in the week to October 2 with rise in foreign currency assets. In the previous week, the reserves had fallen by $2.042 billion to $349.978 billion.
 
The gold reserves increased by $116.5 million to $18.151 billion in the reporting week.
 
RBI said that the nation`s reserve position with the Fund decreased by $5 million to $1.311 billion,