31st Half Yearly Report on Management of Foreign Exchange Reserves: April-September 2018

The Reserve Bank of India has today released the 31st half yearly report on management of foreign exchange reserves with reference to end-September 2018. The position of foreign exchange reserves as on November 16, 2018 is as under: US $ Billion Foreign Exchange Reserves (i+ii+iii+iv) 393.6 i. Foreign Currency Assets (FCA) 368.5 ii. Gold 21.0 iii. Special Drawing Rights (SDR) 1.4 iv. Reserve Tranche Position (RTP) 2.6 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. Ajit Prasad Assistant Adviser Press Release : 2018-2019/1265

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