28th Half Yearly Report on Management of Foreign Exchange Reserves: October-March 2016-17

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Published on September 26, 2017

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28th Half Yearly Report on Management of Foreign Exchange Reserves: October-March 2016-17

The Reserve Bank of India has today released the 28th half yearly report on management of foreign exchange reserves with reference to end-March 2017.

The position of foreign exchange reserve as on September 15, 2017 is as under:

US $ Billion
Foreign Exchange Reserves (i+ii+iii+iv)	402.5
i. Foreign Currency Assets (FCA)	378.0
ii. Gold	20.7
iii. Special Drawing Rights (SDR)	1.5
iv. Reserve Tranche Position (RTP)	2.3

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 exchanges reserves.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/833