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Forex Reserves Decline By USD 739 Mn To USD 414.14 Bn | Business Standard News

by business-standard.com posted 2months ago 8 views
In the previous week, the reserves had increased by $ 1.105 billion to touch $ 414.886 billion. : After rising for the past many weeks, the country's foreign exchange reserves declined by USD 739.2 million to USD 414.147 billion in the week to April 19, RBI data showed Friday. In the reporting week, foreign currency assets, which are a major component of the overall reserves, fell by USD 728.6 million to USD 386.033 billion. Expressed in US dollar terms, foreign currency assets include the effect of appreciation/depreciation of non-US currencies like the euro, pound and yen held in the reserves.

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