|
|
|
|
|
1st Muharram 1436 | Sunday, Oct 26, 2014
Business

India's forex reserves down $471 million

Saturday, 8 December 2012
Comments(0)
New Delhi, December 08:

India's foreign exchange (forex) reserves went down up by $471.3 million to $294.50 billion for the week ended Nov 30, according to Reserve Bank of India (RBI) data.

The reserves had gone up by $1.45 billion to $294.98 billion in the previous week.

The foreign currency assets (FCA) - the biggest component of the forex reserves - decreased by $125.7 million at $260.01 billion, according to the weekly statistical supplement released by the RBI.

The central bank said FCA in US dollar terms included the effect of appreciation or depreciation of non-US currencies held in reserve, such as the pound sterling, euro and yen.

Gold reserves value had dipped by $386.2 million and stood at $27.80 billion. The value had remained unchanged at $28.18 billion since the week ended Nov 2, when the value of gold reserves rose by $56.4 million.

The special drawing rights (SDRs) increased by $26.9 million to $4.42 billion during the week under review, while reserves with the International Monetary Fund (IMF) were up by $13.7 million to $2.26 billion.

The SDRs had increased by $4.8 million to $4.40 billion during the week ended Nov 23 while reserves with the IMF had gone up by $2.5 million to $2.25 billion.

Latest News

Mava Kachori

All you need Maida- 1 cup Ghee- 2tbsp (melted) Salt- a pinch For The Filling Khoya- 1/2 cup ( ...

Iran hangs woman convicted of killing her alleged rapist despite interna...

A 26-year-old Iranian woman convicted of murdering a man she accused of trying to rape her as a teen ...

Cancer Awareness Walkathon organised in Ludhiana

Can Fight Cancer (CFC), an NGO involved in spreading awareness against cancer, organised the second ...

Related News

Swiss gold exports to India cross CHF 11-bn; banks turn wary

As banks in Switzerland come under greater black money scrutiny, the quantum of gold having left Swi ...

Electrolux targets Rs 500-cr sales from small appliances by FY17

Swedish consumer appliances firm Electrolux is targeting Rs 500 crore turnover from small appliances ...

India-born Sundar Pichai is Google's new product chief

In a major restructuring of Google management, India-born Sundar Pichai, who is already in-charge o ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 26870 (Per 10g)

Opinion Poll
Do you think formation of 'She' teams would be beneficial for women's safety?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, AP, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com