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. Gold | 21.4 |
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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