Foreign reserves escalates to USD 209.5 Billion

Mumbai, June 15 (UNI) Foreign reserves rose by 1.1 billion this week to USD 209.547 billion from USD 208.373 past week, Reserve bank's weekly statistical report said today.

Foreign currency assets went up to USD 202.177 billion from the past week margin of USD 201.002 billion.

Meanwhile, the gold reserves remained unchanged at USD 6.9 billion this week.

The Country's reserve position in the International Monetary Fund (IMF) has diminished by one billion to USD 458 million from USD 459 million past week.

The aggregate deposits of scheduled commercial banks in India is unchanged this week at Rs 26,08,665 crore.

The foreign currency assets expressed in US dollar terms includes the effect of appreciation or depreciation of major world currencies, said RBI.

The foreign exchange reserves include India's reserve tranche position in the IMF.

UNI