India’s foreign exchange reserves at $369 billion

Reserve Bank of India (RBI) announced that India’s foreign exchange reserves went down $369.60 billion

According to data released by the RBI the reserves stood at $369.60 billion as on September 16, as against $371.27 billion.

On September 16, the foreign currency assets stood at $344.07 billion, gold at $21.64 billion, special drawing rights at $1.49 billion and the reserve position in the International Monetary Fund (IMF) at $2.39 billion.

The reserves as on September 9 comprised foreign currency assets at $345.74 billion, gold at $21.64 billion, special drawing rights at $1.49 billion and the reserve position in the IMF at $2.39 billion.