Diabytes
India's forex reserves decline by over $1.4 billion
The Reserve Bank of India’s forex reserves decreased to $633.614 billion from $635.080 billion.
- Forex reserves comprise of foreign currency assets, gold reserves, SDRs, and the country`s reserve position with the IMF.
- On a weekly basis, FCAs edged lower by $1.480 billion to $569.889 billion.
- The value of the country's gold reserves inched up by $14 million to $39.405 billion.
Trending Photos
5- 12
- 5
- 10
 "India's forex reserves decline by over $1.4 billion")
New Delhi: India’s foreign exchange reserves declined by $1.466 billion during the week ended December 31, 2021. The Reserve Bank of India’s forex reserves decreased to $633.614 billion from $635.080 billion.
The country's forex reserves comprise of 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 $1.480 billion to $569.889 billion.
However, the value of the country's gold reserves inched up by $14 million to $39.405 billion. Also Read: Here's how much salary Apple CEO Tim Cook earned in 2021
The SDR value remained flat at $19.114 billion.Similarly, the country`s reserve position with the IMF was constant at $5.207 billion. Also Read: Buy gold at discounted price: RBI Gold Bond Scheme Series IX subscription opens on Monday
 "Big revelation regarding the murder of Nijjar in Khalistan")
 "Election analysis of CM Yogi's election model")
 "Sucharita Mohanty will not contest elections against Sambit Patra")
 "Industrial dye is added to spices in ghaziabad")
 "What is in the ED charge sheet against Elvish")
 "DNA: Who is threatening to kill Hari Narayan?")
 "DNA: Rahul Gandhi will only play 'safe'!")
 "DNA: What is Jitu Patwari Imarti controversy?")
 "DNA: Governor V/s Mamata government in Bengal")
 "DNA: 'Special reporting' on World Press Freedom Day")
