Forex re­serves go past $400bn

The New Indian Express - - FRONT PAGE -

For­eign ex­change re­serves crossed $400 bil­lion for the first time, strength­en­ing the cap­i­tal buf­fers, ac­cord­ing to RBI data re­leased on Fri­day. Ex­clud­ing gold, forex re­serves stood at $376 bil­lion, worth one year of im­ports. Forex re­serves in­clud­ing gold stood at $400.7 bil­lion on Septem­ber 8

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