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India's Foreign Exchange Reserves Decline By $613.9 Mn To $393.12 Bn | Business Standard News

by business-standard.com posted 4weeks ago 21 views
The country's reserve position with the IMF also decline by $12.5 million to $2.617 billion. : The country's foreign exchange reserves declined by $613.9 million to $393.12 billion in the week to December 14, on account of a fall in foreign currency assets, according to the RBI data. In the reporting week, foreign currency assets, a major component of the overall reserves, dropped by $631.6 million to $367.865 billion. Expressed in US dollars, foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.

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