Sources of Variation in Foreign Exchange Reserves in India during 2015-16 - আৰবিআই - Reserve Bank of India
Sources of Variation in Foreign Exchange Reserves in India during 2015-16
Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for January-March 2016 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during 2015-16 have been compiled. Sources of Variation in Foreign Exchange Reserves: 2015-16 During 2015-16, there was an increase in the foreign exchange reserves. The sources of variation in the foreign exchange reserves are set out in Table 1. On balance of payments basis (i.e., excluding valuation effects), the foreign exchange reserves increased by US$ 17.9 billion during 2015-16 as compared to an increase of US$ 61.4 billion during 2014-15. The foreign exchange reserves in nominal terms (including the valuation effects) increased by US$ 18.5 billion during 2015-16 as compared to US$ 37.4 billion in the preceding year (Table 2). The valuation gain amounted to US$ 0.6 billion during 2015-16 as compared to a valuation loss of US$ 24.0 billion in the previous year. Ajit Prasad Press Release : 2015-2016/2926 |