|
|
|
|
|
6th Shabanul Mujam 1436 | Sunday, May 24, 2015
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

Smriti Irani attends UNESCO conference in China; discusses education con...

Human Resource Development Minister Smriti Irani, on her maiden visit to China, broached the idea of ...

Minor girl raped, attacked with acid and m...

A minor girl was allegedly raped and murdered by unidentified men who poured acid on her face apparently to stall investigation at Sargipall ...

RSS gives thumbs up, cautions about gigant...

Giving a thumbs up to the Narendra Modi-led BJP government on the eve of its first anniversary, RSS on Sunday said the people are confident ...

Related News

Wait continues for 'acchhe din' in job market

Pinning their hopes on the government's flagship schemes like 'Make in India' and 'Skill India', hum ...

Foreign Portfolio Investors dump equities, debt of more than Rs 14,000 c...

Overseas investors have pulled out more than Rs 14,000 crore ($2.3 billion) from the Indian capital ...

Inflation falls but pulses costlier by up to 64% in Modi's one year

Bucking the overall trend of easing inflation, pulses got costlier by up to 64 per cent in the first ...

Post new comment

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

Rs. 26960 (Per 10g)

Opinion Poll
Should mercy killing be legalised in India?
YesNoCan't say

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

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