City
Epaper

India's foreign exchange reserves down $2.71 bn

By IANS | Updated: December 3, 2021 21:25 IST

Mumbai, Dec 3 India's foreign exchange reserves fell by $2.71 billion during the week ended November 26.The ...

Open in App

Mumbai, Dec 3 India's foreign exchange reserves fell by $2.71 billion during the week ended November 26.

The Reserve Bank of India's forex reserves decreased to $637.687 billion from $640.401 billion reported for the week ended November 19.

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 $1.048 billion to $574.664 billion. Similarly, the value of the country's gold reserves fell by $1.566 billion to $38.825 billion, while the SDR value dipped by $74 million to $19.036 billion.

In addition, the country's reserve position with the IMF was down $25 million to $5.162 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: DECindiamumbaiReserve 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 indiaUk-india
Open in App

Related Stories

NationalDonald Trump Imposes Additional 25% Tariff on India, Total Tariff Now 50%

MumbaiSunburn Festival 2025 Comes to Mumbai: Know Dates, Ticket Sales, Artist Line-Up & What to Expect

NationalRBI Repo Rate: What is This ‘Repo Rate’ Everyone’s Talking About? And Why Does Your EMI Go Up Because of It?

MumbaiMumbai Robbery Plot: Mira Bhayandar Vasai Virar Police Arrested 7 With Pistols, Ammo Near Sunshine Hotel in Mira Road

LifestyleBank Holidays in August 2025: Banks to Remain Closed For 8 Days This Month; Check Dates

International Realted Stories

International"Executive order by US administration excludes Pharma sector from immediate tariff imposition": Indian Pharmaceutical Alliance

International'Great progress' made, says Trump after US envoy holds talks with Russia

International"Damaging impact this could have on US-India relationship": Foreign Expert on additional tariffs on India

International"Philippines and India must continue to work to strengthen resilience of our world community: President Marcos

International"America is pushing India towards Russia and China": Foreign affairs expert Subhash Goyal