Seattle Indian Community - SeattleIndian
| | | | | | | | | | | |
 


 

India's foreign exchange reserves decline by $469 mn

Maharashtra,Business/Economy

Author : Indo Asian News Service

Business/Economy, India, Maharashtra Read Latest News and Articles

Share With Your Friends



Add an Article

View All Contributions

Add To My Favorite

Add A Picture

Mumbai, Dec 4 (IANS) India's foreign exchange reserves declined $469 million during the week ended November 27.

According to the Reserve Bank of India's weekly statistical supplement, the reserves increased to $574.821 billion from $575.290 billion reported for the week ended November 20.

India's forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the country's reserve position with the International Monetary Fund (IMF).

However, on a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $352 million to $533.455 billion.

In contrast, the value of the country's gold reserves decreased by $822 million to $35.192 billion.

The SDR value inched up $2 million at $1.494 billion, whereas the country's reserve position with the IMF slipped by $1 million to $4.679 billion.

--IANS

rv/sn/vd


Copyright and Disclaimer: All news and images appearing in our news section, search engines and social media are provided by IANS. If you face any issues related to the content/images, please contact our news service provider directly. We are not liable/responsible for any content/images related to the news service provider.

Premium Advertiser
Dentist - Highland Dental Center, Dr Princy S. Rekhi DDS/Tisha C Rekhi DDS



This is an advertisement


Latest News

View More News


More News Articles

GT win toss, elect to bowl first against DC in Shubman Gill's 100th IPL game

Swati Sharma completed 60 parikramas around Shivling to get scene right

Ashish Vidyarthi promises untold stories from Pulwama, Balakot in 'Ranneeti'

IPL 2024: Hayden hails Pooran as 'cleanest hitter in the world' after cameo in record chase in Chepauk

Sushant Singh Rajput's pic with Dhoni and baby daughter goes viral, fans get emotional