Categories: Business

Forex reserves rejected $ 763 million to $ 640.11 billion

Mumbai: Foreign exchange reserves in the country fell $ 763 million to $ 640.112 billion in the week ended November 12, RBI data showed.
The previous week ended November 5, reserves had decreased by $ 1.145 billion to $ 640.874 billion.
It touched the highest lifetime of $ 642.453 billion in the week ended September 3, 2021.
In the week of reporting, the decline in foreign exchange reserves was taken into account in the sauce in foreign currency assets (FCA), the main component of the overall backup.
, Bank of India’s weekly data reserves (RBI) released on Friday showed.
FCA fell $ 2.094 billion to $ 575.487 billion in week reporting, according to data.
Stated in the term dollar, foreign currency assets include the effect of appreciation or depreciation of non-US units such as euros, pounds and yen held in foreign exchange reserves.
Gold reserves rose $ 1.461 billion to $ 40.239 billion on week reporting.
Special image rights (SDR) with the International Monetary Fund (IMF) dipped $ 103 million to $ 19,184 billion.
The position of the state reserves with the IMF fell $ 27 million to $ 5,201 billion on week reporting, data showed.

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