India’s foreign exchange (forex) reserves went down by $163.7 million to $294.87 billion for the week ended October 12, RBI data shows.
Forex went up by $227.3 million for the week ended Oct 5, and by $837.8 million to $294.81 billion for the week ended September 28.
However, foreign currency assets (FCA) fell $150.1 billion to $260.02 billion in the week under review, according to the weekly statistical supplement released by RBI.
The FCA were up by $218.3 million to $260.17 billion for the week ended October 5. The value of gold reserves remained unchanged at 28.13 billion in the week ended October 12. The reserves had zoomed by $1.89 billion in the week ended September 28.
Liked the story?
0
0
0
0
0
