Forex reserves dip by USD 160 mn to USD 63567 bn
Mumbai Dec 24 PTI The countrys foreign exchange reserves declined by USD 160 million to stand at USD 635667 billion in the week to December 17 RBI data showed on Friday In the previous week ended December 10 the reserves had decreased by USD 77 million to USD 635828 billion It touched a lifetime high of USD 642453 billion in the week ended September 3 2021 During the reporting week ended December 17 the dip in the forex kitty was on account of a decline in foreign currency assets FCAsa major component of the overall reserves FCAs tumbled by USD 645 million to USD 572216 billion weekly data released by the Reserve Bank of India RBI showed Expressed in dollar terms the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro pound and yen held in the foreign exchange reserves Gold reserves rose by USD 475 million to USD 39183 billion in the reporting week The special drawing rights SDRs with the International Monetary Fund IMF remained unchanged at USD 19089 billion The countrys reserve position with the IMF increased by USD 9 million to USD 5179 billion in the reporting week as per the data PTI HV ABM ABM
Mumbai Dec 24 PTI The countrys foreign exchange reserves declined by USD 160 million to stand at USD 635667 billion in the week to December 17 RBI data showed on Friday In the previous week ended December 10 the reserves had decreased by USD 77 million to USD 635828 billion It touched a lifetime high of USD 642453 billion in the week ended September 3 2021 During the reporting week ended December 17 the dip in the forex kitty was on account of a decline in foreign currency assets FCAsa major component of the overall reserves FCAs tumbled by USD 645 million to USD 572216 billion weekly data released by the Reserve Bank of India RBI showed Expressed in dollar terms the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro pound and yen held in the foreign exchange reserves Gold reserves rose by USD 475 million to USD 39183 billion in the reporting week The special drawing rights SDRs with the International Monetary Fund IMF remained unchanged at USD 19089 billion The countrys reserve position with the IMF increased by USD 9 million to USD 5179 billion in the reporting week as per the data PTI HV ABM ABM
