HOME WORLD INDIA BHOPAL BUSINESS ENTERTAINMENT SCIENCE & TECHNOLOGY SPORTS HEALTH
WTN SPECIAL GOSSIP CORNER RECIPES DRINKS FUN FACTS WTN HINDI
EDUCATION LIFESTYLE TRAVEL ART & LITERATURE BIG MEMSAAB OPINION & INTERVIEW BrahMos
ABOUT US PRIVACY POLICY SITEMAP CONTACT US
BREAKING NEWS

India's forex reserves decline by over $997 mn

01 Oct 2021
Mumbai, Oct 1 (IANS) India's foreign exchange reserves fell by $997 million during the week ended September 24.
The Reserve Bank of India's (RBI) forex reserves declined to $638.646 billion from $639.642 billion reported for the week ended September 17.
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 $1.255 billion to $576.731 billion.
However, the value of the country's gold reserves rose by $327 million to $37.430 billion.
The SDR value fell by $55 million to $19.379 billion.
In addition, the country's reserve position with the IMF inched lower by $13 million to $5.106 billion.

--IANS rv/sn/vd

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)