Forex reserves rises by $544 million

Source : BUSINESS_STANDARD
By : BS Reporter
Last Updated: Sat, Sep 21, 2013 04:49 hrs
​Rupee

Country’s forex reserves rose by $544 million to reach $275.3 billion according to date released by the Reserve Bank of India.

Foreign currency assets (FCR) which forms the substantial part of the reserves rose by $500 to reach $247.2 billion.

Country's reserve position at International Monetary Fund (IMF) increased by $14 million to $1.9 billion while special drawing rights from IMF increased by $30 million to $4.3 billion.

More from Sify: