City
Epaper

India's forex reserves fall by $3 bn to $561.046 bn

By IANS | Updated: September 3, 2022 13:05 IST

Mumbai, Sep 3 India's foreign exchange reserves fell by $3.007 billion to $561.046 billion in the week ending ...

Open in App

Mumbai, Sep 3 India's foreign exchange reserves fell by $3.007 billion to $561.046 billion in the week ending August 26, according to data from the Reserve Bank of India (RBI).

The fall in the reserves was mainly attributed to fall in foreign currency assets (FCA).

FCA fell by $2.571 billion to $498.645 billion during the reporting week.

Gold reserves decreased by $271 million to $39.643 billion, the data revealed.

The Special Drawing Rights (SDRs) dropped by $155 million to $17.832 billion.

The country's reserve position with the IMF also dipped by $10 million to $4.926 billion in the reporting week, the data showed.

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: indiamumbaiReserve Bank Of IndiaFCAThe 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

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

MumbaiMumbai: Bomb Threat at Dadar Railway Station; Police Launch Investigation

International Realted Stories

InternationalIndia, Uzbekistan discuss measures to strengthen cooperation in counter-terrorism

InternationalSouth Korea: Court allows broadcast of ex-President Yoon's insurrection trial

International‘Take it to the world’: PoK activists seek international spotlight amid kill orders

InternationalPTI's Syed Zeeshan Haider praises PoJK protests, highlights Muzaffarabad's welcoming spirit

InternationalKremlin says negotiations with Ukraine on hold