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Business & Finance

India's forex reserves rise to $581.21bn as of April 9

  • Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves.
Published April 16, 2021 Updated April 16, 2021 06:04pm
By

BENGALURU: India's foreign exchange reserves rose to $581.21 billion as of April 9, compared with $576.87 billion a week earlier, the Reserve Bank of India said on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund.

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