City
Epaper

India's foreign exchange reserves down by over $760mn

By IANS | Published: November 19, 2021 8:21 PM

Mumbai, Nov 19 India's foreign exchange reserves fell by $763 million during the week ended November 12.The ...

Open in App

Mumbai, Nov 19 India's foreign exchange reserves fell by $763 million during the week ended November 12.

The Reserve Bank of India's forex reserves declined to $640.112 billion from $640.874 billion reported for the week ended November 5.

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 $2.094 billion to $575.487 billion.

However, the value of the country's gold reserves gained by $1.461 billion to $40.239 billion.

On the other hand, the SDR value was lower by $103 million to $19.184 billion, while the country's reserve position with the IMF inched-down by $27 million to $5.201 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

NationalFSSAI Increases Pesticide Residue Limit Tenfold in Herbs and Spices

MaharashtraMumbai North Central Lok Sabha Election: BJP's Ujjwal Nikam Owns 3 Flats In Mumbai, Has Assets Worth Rs 27 Crore

MumbaiC-Section Delivery Using Mobile Torch: NCW Seeks Detailed Report After Tragic Deaths in Mumbai Hospital

MaharashtraMatrimonial Site Scammer Arrested After Cheating Dozens of Women Across Multiple States

MumbaiLok Sabha Election 2024: 10% Discount on Fare on Mumbai Metro Lines 2 and 7A on May 20 Polling Day

International Realted Stories

InternationalImran Khan accuses Pakistan's Chief Justice of being 'biased' against his party

InternationalCanadian Politician Jagmeet Singh alleges India hand in Nijjar killing despite police not giving any such proof

InternationalHamas to release 20 Israeli hostages instead of 33

InternationalHardeep Singh Nijjar killing: Canadian police release pictures of accused, other evidence

InternationalTaiwan detects nine Chinese military aircraft, five naval vessels around nation