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Gold reserves dropped by USD 521 million to USD 46.125 billion, says the Reserve Bank of India

India's forex reserves rose by $1.66 billion to $586.41 billion as of April 14, marking their second consecutive week of increase, according to the RBI data released on Friday. In the previous reporting week, the overall reserves rose by $6.31 billion to $584.76 billion. For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by $2.20 billion to $516.64 billion, according to the Weekly Statistical Supplement released by the RBI.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

India’s forex reserves increased by USD 6.306 billion to USD 584.755 billion for the week ended April 7, the RBI said on Friday. In the last reporting week, the forex kitty snapped a two-week rising trend to decline by USD 329 million to 578.45 billion. It can be noted that in October 2021, the

Gold reserves rose $1.45 billion to $46.696 billion during the week ended April 7; special drawing rights were up by $58 million to $18.45 billion