{"id":5310,"date":"2017-08-22T05:26:41","date_gmt":"2017-08-22T05:26:41","guid":{"rendered":"https:\/\/sunkrish.com\/?p=5310"},"modified":"2017-08-22T05:27:32","modified_gmt":"2017-08-22T05:27:32","slug":"forex-reserves-hit-record-high-of-393-612-billion","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2017\/08\/22\/forex-reserves-hit-record-high-of-393-612-billion\/","title":{"rendered":"Forex reserves hit record high of $393.612 billion"},"content":{"rendered":"<div>\n<div>\n<figure id=\"attachment_2965\" class=\"thumbnail wp-caption alignleft\" style=\"width: 300px\"><a href=\"https:\/\/sunkrish.com\/index.php\/2016\/12\/21\/softbank-to-invest-1-billion-in-us-venture-oneweb-as-part-of-50-billion-pledge\/dollars_ap-300x225\/\" rel=\"attachment wp-att-2965\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2965\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/DOLLARS_AP-300x225-300x225.gif\" alt=\"\" width=\"300\" height=\"225\" \/><\/a><figcaption class=\"caption wp-caption-text\"><strong><em>The gold reserves remained unchanged at $19.943 billion.<\/em><\/strong><\/figcaption><\/figure>\n<p>The country&#8217;s foreign exchange reserves rose by USD 163.8 million to touch a new life-time high of USD 393.612 billion in the week ended August 11, helped by rise in foreign currency assets (FCAs), the Reserve Bank data showed.<\/p>\n<p>In the previous week, the reserves had increased by USD 581.1 million to USD 393.448 billion.<\/p>\n<p>FCAs, a major portion of the overall reserves, rose by USD 175.6 million to USD 369.899 billion, the data showed.<\/p>\n<p>Expressed in US dollar terms, FCAs include effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves.<\/p>\n<div>The gold reserves remained unchanged at USD 19.943 billion.<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p>The special drawing rights with the International Monetary Fund (IMF) declined by USD 5.8 million to USD 1.498 billion.<\/p>\n<\/div>\n<div><\/div>\n<div>\n<div>\n<p>The country&#8217;s reserve position with the IMF also dipped by USD 6 million to USD 2.271 billion, the apex bank said.<\/p>\n<div>Source: <a href=\"https:\/\/sunkrish.com\/index.php\/2017\/08\/21\/income-tax-scrutiny-to-remain-limited-despite-itr-filings-surge\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Economic Times<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The country&#8217;s foreign exchange reserves rose by USD 163.8 million to touch a new life-time high of USD 393.612 billion in the week ended August 11, helped by rise in foreign currency assets (FCAs), the Reserve Bank data showed. In &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2017\/08\/22\/forex-reserves-hit-record-high-of-393-612-billion\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":2965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,493,5],"tags":[305,955,975,433,396,434,953],"class_list":["post-5310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-india-international-corporate-updates","tag-economy","tag-euro","tag-foreign-currency-assets-fcas","tag-forex","tag-international-monetary-fund-imf","tag-us-dollar","tag-yen"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/5310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=5310"}],"version-history":[{"count":3,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/5310\/revisions"}],"predecessor-version":[{"id":5333,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/5310\/revisions\/5333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/2965"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=5310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=5310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=5310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}