The news is by your side.
AED
$0.27
0%
AFN
$0.01
-1.38%
ALL
$0.01
-0.49%
AMD
$0.00
-0.37%
ANG
$0.56
-0%
AOA
$0.00
+0.09%
ARS
$0.01
+0.13%
AUD
$0.68
+1.65%
AWG
$0.56
-0%
AZN
$0.59
0%

India’s forex reserves fall by $678 mn


Mumbai, Jan 28 (IANS): India’s foreign exchange reserves fell by $678 million during the week ended January 21.

The Reserve Bank of India’s forex reserves decreased to $634.287 billion from $634.965 billion reported for January 14.

The country’s forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country’s reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.155 billion to $569.582 billion. The SDR value fell by $68 million to $19.152 billion and the country’s reserve position with the IMF declined by $22 million to $5.216 billion.

However, the value of the country’s gold reserves increased by $567 million to $40.337 billion.

 

  





Read More : India’s forex reserves fall by $678 mn

You might also like
Leave A Reply

Your email address will not be published.