City
Epaper

Forex reserves fall to $562 billion during period ending Dec 23: RBI data

By IANS | Updated: December 30, 2022 21:35 IST

New Delhi, Dec 30 India's foreign exchange reserves fell by $691 million to $562.808 billion as on December ...

Open in App

New Delhi, Dec 30 India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, according to RBI data released on Friday.

Prior to this week, the forex reserves had slipped by $571 million to $563.499 billion.

Forex reserves have been falling, as they are being used to bolster the declining rupee.

The country's reserve position with the International Monetary Fund (IMF) was up by $45 million to $5.159 billion in the reporting week, the data showed.

Meanwhile, foreign currency assets also fell by $1.134 billion to $498.49 billion during the week ending December 23, according to RBI 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: indiaNew DelhiInternational Monetary FundThe new delhi municipal councilDelhi south-westImf researchIndiUk-indiaRepublic of indiaNational and global
Open in App

Related Stories

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

NationalRajnath Singh and Abdeltif Loudiyi Sign MoU on Defence Cooperation; Focus on Counter-Terrorism, Cyber Security, and Maritime Safety (Watch Video)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Super 4 Clash

MumbaiNamo Yuva Yatra: Milind Soman Flags Off Campaign in Mumbai, Says ‘Theme of a Drug-Free India Is Very Important’ (Watch Videos)

CricketIND-W vs AUS-W, 3rd ODI: Australia Women Win Toss, Opt to Bat Against India in Series Decider; Check Playing XIs

International Realted Stories

International"Yunus government is completely illegal": Switzerland Awami League General Secretary

InternationalOngoing offensive creating new opportunities, bringing Israel closer to achieving its war objectives: IDF Chief

InternationalBangladesh rights group expresses dismay over Yunus's denial of minority persecution

InternationalH-1B visa crackdown to push US firms to shift operations in India: Report

InternationalAwami League holds protest in Geneva against Yunus govt in Bangladesh