Representative Image 
Business

India's foreign exchange reserves down over 1.7 billion dollars

India's foreign exchange reserves fell by $1.783 billion during the week ended December 3.

migrator

Mumbai

The Reserve Bank of India's forex reserves decreased to $635.905 billion from $637.687 billion reported for the week.

India's forex reserves comprise 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 $1.483 billion to $573.181 billion.

Similarly, the value of the country's gold reserves fell by $407 million to $38.418 billion. 

However, the SDR value rose by $90 million to $19.126 billion, and the country's reserve position with the IMF was up $17 million to $5.180 billion.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Three Bills to tweak women's quota law, set up delimitation panel introduced in Lok Sabha

DMK burns copy of delimitation bill, raises black flags across State

AIADMK, TVK lock horns with three-time winner TN CM in Kolathur

CM Stalin burns copy of delimitation Bill, DMK calls for statewide protest

Toddler flung out in crash: why child car seats can save lives; here’s everything you need to know