City
Epaper

India's foreign exchange reserves dip down by $77 mn

By IANS | Updated: December 17, 2021 18:35 IST

Mumbai, Dec 17 India's foreign exchange reserves inched lower by $77 million during the week ended December 10....

Open in App

Mumbai, Dec 17 India's foreign exchange reserves inched lower by $77 million during the week ended December 10.

The Reserve Bank of India's forex reserves decreased to $635.828 billion from $635.905 billion during the week ended December 3.

India's forex reserves comprise 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 $321 million to $572.860 billion. However, the value of the country's gold reserves rose by $291 million to $38.709 billion.

The SDR value fell by $37 million to $19.089 billion, and the country's reserve position with the IMF slipped by $10 million to $5.170 billion.

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: indiamumbaiimfReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorIndiFinance ministry and reserve bank of india
Open in App

Related Stories

MumbaiSuspicious Bag Outside Nitesh Rane’s Mumbai Residence Triggers Security Alert

MumbaiMira Road: Two Booked After Video Showing Them Urinating on Road in Kashigaon Goes Viral

MumbaiTata Mumbai Marathon 2026 on Jan 18: Race Timings, Road Closures, Transport Updates and Streaming Info

MaharashtraMaharashtra Government Declares January 15, 2026, as a Public Holiday for Municipal Elections

Mumbai'Feel Ashamed as Mumbaikar': Mahesh Manjrekar Slams Unplanned Development, Says City No Longer Liveable

International Realted Stories

InternationalNetanyahu says Israel "closely monitoring events unfolding in Iran", backs Iranians' "struggle for freedom"

InternationalIsrael strikes Hezbollah's multiple weapon storage sites in Southern Lebanon

InternationalEgypt's inflation rate drops to 11.8 per cent in December: Central Bank

InternationalDeath toll in Iran protests rises to 420, says Human Rights Activists in Iran

InternationalThousands of Australians without power after tropical cyclone hits Queensland