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Foreign exchange reserves fell $2.24 bn to $570.74 bn

By IANS | Published: August 20, 2022 3:06 PM

Mumbai, Aug 20 The foreign exchange reserves for the week ended August 12 fell $2.24 billion to $5.70.74 ...

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Mumbai, Aug 20 The foreign exchange reserves for the week ended August 12 fell $2.24 billion to $5.70.74 billion, according to the Reserve Bank of India (RBI) data.

In the reporting week, the fall in reserves was due to decline in Foreign Currency Assets (FCA). It has declined by $2.7 billion to $506.994 billion.

The Special Drawing Rights (SDRs) increased $102 million to $18.133 billion.

The country's reserve position with IMF also rose by $7 million to $4.994 billion in the reporting week, as per the data.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Reserve Bank Of IndiaFCAThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorFinance ministry and reserve bank of indiaNew india strategyReserve bank of india's boardDeputy governor of reserve bank of india
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