Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
In the previous reporting week, the
overall reserves had declined sharply by USD 5.89 billion to USD 617.3 billion.
The country’s forex
kitty had reached an all-time high of USD 645 billion in October 2021. The reserves took a hit as the central bank deployed the kitty to
defend the rupee amid pressures caused majorly by global developments since
last year.
For the week ended January 12, the foreign currency
assets — a major component of the reserves — increased USD 1.859 billion to USD
548.508 billion, the data said.
Expressed in dollar
terms, the foreign currency assets include the effect of appreciation or
depreciation of non-US units like the euro, pound, and yen held in the foreign
exchange reserves.
Gold reserves were down USD 242 million to USD 47.247
billion during the week, the RBI said.
The Special Drawing Rights (SDRs) were up USD 12
million to USD 18.31 billion, the apex bank said.
India’s reserve position with the IMF increased USD 6
million to USD 4.872 billion in the reporting week, the RBI data added.
