The Reserve Bank of India has today released the 40th half-yearly report on management of foreign exchange reserves with reference to end-March 2023. The position of foreign exchange reserves as on April 28, 2023 is as under: US $ Billion | Foreign Exchange Reserves (i+ii+iii+iv) | 588.78 | i. Foreign Currency Assets (FCA) | 519.48 | ii. Gold | 45.66 | iii. Special Drawing Rights (SDRs) | 18.47 | iv. Reserve Tranche Position (RTP) | 5.17 | * Difference, if any, is due to rounding-off. | 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 exchange reserves. Ajit Prasad Director (Communications) Press Release: 2023-2024/197 | |