Friday October 19, 2018
Home Business India’s...

India’s forex reserves up $4.26 billion to $339.99 billion

0
//
24
Republish
Reprint

statistics-76197_640

By Nwsgram Staff Writer

India’s foreign exchange reserves showed an increase of $4.26 billion to $339.99 billion for the week ended March 20, according to the Reserve Bank of India (RBI) data showed.

According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the forex reserves grew by $4.53 billion at $314.88 billion in the week under review.

The foreign currency assets had declined by $1.97 billion at $310.34 billion in the week ended March 13. under review. However, for the week ended March 6, the foreign currency assets had risen by $122.4 million at $312.32 billion.

The RBI said the foreign currency assets, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies such as the pound sterling, euro and yen held in reserve.

India’s reserve position with the International Monetary Fund (IMF) in the week ended March 20 decreased by $295.8 million and stood at $1.28 billion.

The value of special drawing rights (SDRs) was higher by $18.2 million in the week under review at $3.97 billion.

Gold reserves were static at $19.83 billion. The gold reserves had plunged by $346.2 million in the week ended March 6.

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

The Latest Gold Bangles Designs With Price: The Latest In The Line

An assortment of gold bangles is truly appealing to the eyes.

0
gold jewelry
At times, even the guests bring up gold bangles to gift to the bride. Pixabay

Men and women equally love and adore gold ornaments, and buy them according to their budgets. Different kinds of metals are used for making ornaments and gold is one of the best materials. It is alluring and expensive metal so much appreciated for its quality, look and sheen. Gold, the precious metal, is used for making a variety of jewelry in different designs, patterns and styles. Among so many kinds of gold jewelry items, gold bangles are the most popular. Gold bangles are popular type of jewelry worn by most women today. It is mostly Indian women who adorn their wrists with bangles and indeed traditional Indian jewelry is not complete without bangles.

gold jewelry
Gold Jewellery in display at a shop, Wikimedia Commons

The beautifully handcrafted gold bangles adorn and ornament dainty wrists of women folk. Now is the trend to shop online for 22k gold bangles. Gold bangles are truly versatile ornaments found in varied patterns and designs. They are available in an exciting range of shapes and specifications besides round ones. Bangles of gold and diamond are worn widely and are also gifted during weddings. When you search online for such bangles, you will find hundreds of stores showcasing 22k gold bangles designs with price. Make your choices online and get the items delivered at your doorsteps.

The different kinds of gold bangles

Bangles carrying round designs are pretty common. Look for something different and discover a range of bangles. Besides, they are available in 24k gold, 22k gold and 18k gold. From the online stores, you may buy bangles in various price ranges and styles. Online jewelry stores tend to showcase a plethora of bangle styles and designs. Indian wedding is never complete without gold jewelry. You will notice the bride wearing gold bangles all over her hands and even the guests wear beautiful bangles of gold and flaunt them in style and pride. Being the symbol of happiness and prosperity, gold bangles are gifted to a bride by her parents. At times, even the guests bring up gold bangles to gift to the bride.

If you are a parent about to wed your daughter, then you may look online for exquisite pieces of gold bangles along with price and weight. Online gold stores have made it easy to shop for gold bangles from the comfort of one’s home.

gold jewelry
Among so many kinds of gold jewelry items, gold bangles are the most popular. Pixabay

Bangles are symbolic of culture, tradition and customs. Women in this century are no more guided by age old beliefs when searching for gold jewelry. There is a kind of love affair between young women and gold jewelry in the current times. They are now putting forward their preference and choices in front before making any purchase.

Custom jewelry designs at its best

Every jewelry lover or jewelry shopper is open to trying out new designs, styles and patterns of gold jewelry. There is more demand for engraving and jewelry customization. With the online stores, there isn’t any dearth of fusion gold bangles, traditional gold bangles and contemporary designs. Latest gold designs are thin and delicate gold bangles that are gifted by moms to their daughter-in-laws. Along with such jewelry, you can gift charm bracelets to be adorned on usual occasions.

An assortment of gold bangles is truly appealing to the eyes. Buy them at best prices online.

Next Story