India's Foreign Exchange Reserves touch record high of USD 391.33 bn

Country’s Foreign Exchange Reserves touched a new record high of USD 391 point 33 billion aided by increase in foreign Currency Assets (FCAs).According to Reserve Bank of India data released today, FCAs, a key component of overall reserves, surged by USD 2 point 24 billion to USD 367.15 billion, according to RBI data. RBI data also showed that



Gold reserves remained unchanged at USD 20.35 billion. 

The special drawing rights with the International Monetary Fund (IMF) went up by USD 12.1 million to USD 1.491 billion,while country's reserve position with the IMF too increased by USD 19 million to USD 2.341 billion.