Country’s foreign reserves declines by $1.466 billion :RBI Data
posted on: January 08,2022
The country’s foreign exchange reserves declined by $1.466 billion to $633.614 billion during the week ended December 31, 2021, RBI data showed. Notably, the country’s forex reserves touched a record high of $642.453 billion in the week ended September 3, 2021. Forex reserves include foreign currency assets (FCAs), gold reserves, SDRS, and the country’s reserve position with the IMF.