Forex Reserves Increased Modestly Through $243 mln While In The Week Ended Feb

Forex Reserves Increased Modestly Through $243 mln While In The Week Ended FebForex reserves increased modestly through $243 mln while in the week ended Feb. 4 due to a drop in the worth of gold in reserves.

The most recent figures revealed through RBI on Friday display that the complete forex reserves, including gold and special drawing rights increased $243 mln to hint $299.41 billion during the week ended Feb . 4.

Although forex assets increased $793 mln, the cost of gold in reserves dropped $546 mln during the week. The worth of SDR as well as reserve capital with IMF dropped $3 mln and $1 mln, respectively, during the week.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Share Market investment objective

Share Market investment objective your Investment objective? they invariably answer earn money with no risk. Even though all investments have an element of threat, including the possible loss of principal, ...…

Definitions For Interest

Definitions For Interest When you take a loan, you are expected to pay for utilizing it - that is called as a Interest. Interest is actually money charged ...…

Stock Splits

Stock Splits [ad name="468x15- 5 link"] what is a stock split? A stock split is really a procedure helpful to enhance the number of stocks in order to issue ...…

Dematerialization Definition

Dematerialization Definition Dematerialization (Meaning) is the procedure through which physical certificates of the trader are usually transformed into an equal quantity of securities in electronic form as ...…

Mutual Funds

Mutual Funds Why  you need a expert or a financial planner to select the funds & timely review them because even a 3% difference in the Portfolio ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV