29th Half Yearly Report On Management Of Foreign Exchange Reserves: Apr-Sep 2017

Dec 28, 2017: The Reserve Bank of India has today released the 29th half yearly report on management of foreign exchange reserves with reference to end-September 2017.

The position of foreign exchange reserve as on December 15, 2017 is as under:

(in US $ Billion)

Foreign Exchange Reserves (i+ii+iii+iv) – 401.4

i. Foreign Currency Assets (FCA) – 376.9

ii. Gold – 20.7

iii. Special Drawing Rights (SDR) – 1.5

iv. Reserve Tranche Position (RTP) – 2.3

It may be recalled that in February 2004, the Reserve Bank had started a process of compiling half yearly reports and placing them in the public domain for bringing about more transparency and enhancing the level of disclosure in relation to management of the country’s foreign exchanges reserves.