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India's foreign exchange reserves decreased by $2.79 billion to $616.14 billion, with foreign currency assets dropping by $2.6 billion to $545.8 billion, according to the Reserve Bank of India (RBI). Gold reserves fell by $34 million to $47.2 billion, SDRs decreased by $476 million to $18.2 billion, and reserve position in the IMF decreased by $18 million to $4.85 billion.
India's foreign exchange reserves dropped by $5.90 billion to reach $617.30 billion for the week ending January 5. The decline followed seven consecutive weeks of rising reserves. Foreign currency assets (FCAs) decreased by $4.97 billion to $546.65 billion, while gold reserves dropped by $839 million to $47.49 billion.
India's foreign exchange reserves increased by $2.759 billion to reach $623.200 billion for the week ending December 29, according to the Reserve Bank of India (RBI). The rise follows a previous increase of $4.47 billion for the week ending December 22.
India's foreign exchange reserves rose by $9.11 billion to $615.97 billion for the week ending December 15, according to data from the Reserve Bank of India. The increase was primarily attributed to a growth of $8.35 billion in foreign currency assets (FCAs), which account for the appreciation or depreciation of non-US units like the euro, pound, and yen.
India's forex reserves increased by $2.82 billion to $606.86 billion for the week ending December 8, the latest data by the Reserve Bank of India (RBI) showed on Friday.