TBM Staff - Mumbai India’s foreign exchange reserves registered a decline of USD 3.471 billion, reaching USD 667.386 billion during the week ended July 26, according to the latest data from the Reserve Bank of India (RBI).
Foreign currency assets saw a reduction of USD 1.171 billion, bringing the total to USD 586.877 billion.
Gold reserves fell by USD 2.297 billion to USD 57.695 billion during the week. Special drawing rights (SDRs) decreased by USD 5 million to USD 18.202 billion.
India’s reserve position with the International Monetary Fund (IMF) saw a modest increase of $2 million, reaching USD 4.612 billion in the reporting week.
Tags: foreign exchange reserves IMF India International Monetary Fund Reserve Bank of India special drawing rights
