Special drawing rights

CLR Snippets :: India’s Foreign Exchange Reserves

The total foreign exchange reserves (comprising foreign currency assets, gold, special drawing rights and reserve tranche position in IMF) was US$ 304.8 billion at end-March 2011, US$ 294.4 billion at end-March 2012 and US$ 292.0 billion at end-March 2013. In the current fiscal, reserves stood at US$ 295.2 billion as on April 12, 2013. The… Read More

Tags: CurrencyForeign Exchange ReservesGold reserveInternational Monetary FundReserve Bank of IndiaSpecial drawing rightsUnited States dollar

Sources of Variation in Foreign Exchange Reserves in India during April-December 2012

Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for Q3 of 2012-13 (October-December 2012) on its website . On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2012 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-December 2012 During April-December… Read More

Tags: Balance of paymentsFinancial servicesforeign direct investmentForeign Exchange ReservesIndiaReserve Bank of IndiaSpecial drawing rights

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