Foreign Exchange Reserves

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..... Foreign Exchange Reserves
News and Press Release
Dated:- 26-4-2013

The total foreign exchange reserves (comprising foreign currency assets, gold, special drawing rights and reserve tranc .....

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..... he 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 .....

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..... on April 12, 2013. The level of foreign exchange reserves is largely the outcome of the RBI's intervention in the foreign exchange market to smoothen exchange rate volatility, valuation changes due t .....

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..... o movement of the US dollar against other major international currencies and inflow of aid receipts. The rising import bill is usually financed adequately by the export earnings, invisible receipts a .....

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..... nd capital flows. This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today. DSM/RS/ka (Release ID :95166)
News - Press rel .....

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..... ease - PIB .....

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