Forex reserve at record high of $365.82 billion

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Country's forex trade holds surged by USD 73.2 million to touch an existence time high of USD 365.82 billion in the week to August 12, helped by expansion in outside coin resources, the Reserve Bank said today.

In the earlier week, the stores had expanded by USD 253.6 million to touch USD 365.75 billion.

Remote money resources (FCAs), a noteworthy part of the general stores expanded by USD 81.6 million to USD 340.36 billion.

FCAs, communicated in dollar terms, incorporate the impact of gratefulness/devaluation of non-US monetary standards, for example, euro, pound and yen held in the stores.

Gold stores stay unaltered at USD 21.58 billion.

The nation's extraordinary drawing rights with International Monetary Fund declined by USD 3.2 million to USD 1.49 billion, while the store position was around USD 5.2 million to USD 2.39 billion, RBI said.

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