Good Information about India Foreign Exchange Reserves

Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

Foreign Exchange Reserves in India increased to 352470 USD Million in the week ending May 29th from 344610 USD Million in the previous week. Foreign Exchange Reserves in India averaged 184796.65 USD Million from 1998 until 2015, reaching an all time high of 383643 USD Million in December of 2009 and a record low of 29048 USD Million in September of 1998. Foreign Exchange Reserves in India is reported by the Reserve Bank of India.

Source : http://www.tradingeconomics.com/india/foreign-exchange-reserves