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42nd Half Yearly Report on Management of Foreign Exchange Reserves: October 2023- March 2024

The Reserve Bank of India has today released the 42nd half-yearly report on management of foreign exchange reserves with reference to end-March 2024.

The position of foreign exchange reserves as on May 03, 2024 is as under:

US $ Billion

Foreign Exchange Reserves (i+ii+iii+iv)

         641.59

i. Foreign Currency Assets (FCA)

564.16

ii. Gold

54.88

iii. Special Drawing Rights (SDRs)

18.05

iv. Reserve Tranche Position (RTP)

            4.50

* Difference, if any, is due to rounding-off.

 

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            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/295

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