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India’s Foreign Exchange Reserves in 2024
April 7 , 2024
27 days
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- India’s foreign exchange reserves reached an all-time high of US$ 645.6 billion as of March 29, 2024.
- The reserves increased by $2.95 billion.
- RBI’s Foreign currency assets (FCAs) surged by $2.35 billion to $570.62 billion.
- Gold reserves rose by $673 million to $52.16 billion, whereas SDRs were down by $73 million to $18.15 billion.
- Reserve position in the IMF decreased by $2 million to $4.66 billion.
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