City
Epaper

India's foreign exchange reserves down over $1.7 bn

By IANS | Updated: December 10, 2021 22:15 IST

Mumbai, Dec 10 India's foreign exchange reserves fell by $1.783 billion during the week ended December 3.The ...

Open in App

Mumbai, Dec 10 India's foreign exchange reserves fell by $1.783 billion during the week ended December 3.

The Reserve Bank of India's forex reserves decreased to $635.905 billion from $637.687 billion reported for the week.

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 $1.483 billion to $573.181 billion.

Similarly, the value of the country's gold reserves fell by $407 million to $38.418 billion.

However, the SDR value rose by $90 million to $19.126 billion, and the country's reserve position with the IMF was up $17 million to $5.180 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

ThaneMajor Jolt for NCP (SP) As Thane City Chief Suhas Desai Joins Deputy CM Ajit Pawar’s Faction: Reports

MumbaiAuto Driver Arrested In Mathura For Allegedly Raping and Killing Sex Worker In Mumbai

MumbaiMumbai Traffic Update: Police Issue Advisory for Shiv Sena UBT Dussehra Rally On October 2; Check Diversions

MumbaiMumbai: FIR Filed Over Maharashtra Congress’ Social Media Post Allegedly Inciting Violence

MumbaiMumbai: MNS Workers Protest at Andheri Metro Station, Damage Billboard, Demand Only Marathi Ads

International Realted Stories

InternationalClosing ceremony of MONDIACULT 2025 concludes in Barcelona

InternationalSri Lanka needs a Chief Negotiator to move India trade pact forward

InternationalUAE expresses solidarity with Namibia in combating wildfires in Etosha National Park

InternationalAttempted attack against IDF checkpoint averted

InternationalFM Sa'ar: British authorities allowed toxic antisemitism to continue