Home>>
India's forex reserves fall for 2nd consecutive week
(Xinhua) 13:43, January 01, 2023
MUMBAI, Dec. 31 (Xinhua) -- India's foreign exchange reserves fell by over 691 million U.S. dollars during the week ended December 23, standing at 562.80 billion dollars, according to the latest bulletin issued by the country's central bank the Reserve Bank of India (RBI).
This was the second consecutive week when India's forex declined.
The foreign currency assets (FCAs) stood at 498.49 billion dollars, which was 1.13 billion dollars less compared to the preceding week. The FCAs are a major component of the forex reserves.
According to the RBI bulletin, gold reserves stood at 40.96 billion dollars, while Special Drawing Rights stood at 18.19 billion dollars.
(Web editor: Cai Hairuo, Hongyu)
Photos
Related Stories
- India's 1st COVID-19 nasal vaccine to be rolled out next month
- Death toll from tainted bootleg liquor rises to 92 in India's Bihar
- Intense cold wave, fog to continue in north India
- Dense fog blankets Indian capital, adjoining states, disrupting transport
- India's latest stealth-class warship commissioned into navy
About People's Daily Online | Join Us | Contact Us
Copyright © 2023 People's Daily Online. All Rights Reserved.
Copyright © 2023 People's Daily Online. All Rights Reserved.