TABLE-India’s forex reserves rise to $564.07 billion as of Dec 9 – central bank

Dec 16 (Reuters) – India’s foreign exchange reserves rose to $564.07 billion as of Dec 9, compared with $561.16 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.

FOREIGN EXCHANGE RESERVES (in million U.S. dollars)

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Dec 09 Dec 02

2022 2022

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Foreign currency assets 500,125 496,984

Gold 40,729 41,025

SDRs 18,106 18,045

Reserve Tranche Position 5,110 5,108

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Total 564,070 561,162

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Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)

((India Headline News Team; +91 80 6749 1310))

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