, CS GAURAV SHARMA

Monday, July 16, 2018

Corporate updates CS GAURAV 16th July 2018

  • India’s capital market regulator proposes tightening rules for auditors, valuers
  • SG’s Base of Pyramid Asia makes $2.5m equity investment in Indian MFI Sambandh
  • TA Associates picks minority stake in India’s Prudent Corporate




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Friday, July 13, 2018

30th Half Yearly Report on Management of Foreign Exchange Reserves

30th Half Yearly Report on Management of Foreign Exchange Reserves: October 2017-March 2018
The Reserve Bank of India has today released the 30th half yearly report on management of foreign exchange reserves with reference to end-March 2018.
The position of foreign exchange reserves as on June 29, 2018 is as under:
US $ Billion
Foreign Exchange Reserves (i+ii+iii+iv)406.1
i. Foreign Currency Assets (FCA)380.7
ii. Gold21.4
iii. Special Drawing Rights (SDR)1.5
iv. Reserve Tranche Position (RTP)2.5
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 exchange reserves.



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