India’s foreign exchange reserves 56,104.6 crore in the week ended 26th.
According to RBI statistics:
The country’s foreign exchange reserves last Aug. It fell by $300.7 crore to $56,104.6 crore in the week ended 26th. This is about Rs.44,72,232.32 crores in Indian value.
Before this, Foreign exchange reserves declined by $66.87 lakh to $56,405.3 crore in the week ended 19th.
During the assessment week, foreign exchange holdings declined due to a significant fall in foreign exchange asset (FCA) and gold holdings.
Specifically, Aug. FCA fell by $49.86 crore to $257.1 crore in the week ended 26th. Likewise, gold reserves were also seen down by $27.1 crore to $3,964.3 crore.
During the assessment week, international funds’ Special Drawing License (SDR) fell by $15.5 crore to $1,783.2 crore, while the country’s foreign exchange reserves fell by $1 crore to $492.6 crore, RBI data showed.