October 24, 2015 7:57 AM

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India's foreign exchange reserves records a rise<br/>

India&apos;s foreign exchange reserves have recorded a rise of 458 million US Dollars to 353.527 billion dollars in the week ended 16th October. A RBI release said foreign currency assets, a major part of the overall reserves, was marginally up by 452.5 million dollars to 329.970 billion dollars. In the previous week, the reserves jumped by a healthy 2.263 billion dollars to 353.069 billion dollars. The Gold reserves remained unchanged at 18.151 billion dollars in the reporting week. India&apos;s special drawing rights with the International Monetary Fund rose by 4.2 million dollars to touch 4.081 billion dollars. India&apos;s reserve position with the International Monetary Fund also grew by 1.3 million dollars to 1.323 billion dollars.

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