The central bank's weekly statistical data revealed a decline of USD 2.653 billion in India's foreign currency assets (FCA), the largest segment of the forex reserves, bringing the total to USD 545.855 billion by the end of the week.
Mumbai: India’s foreign exchange reserves fell $897 million to $572.978 billion in the week ended August 5, according to the Reserve Bank of India’s (RBI) bulletin weekly statistical supplement. The fall was witnessed after it rose during the week ending July 29 after falling for the four consecutive weeks earlier. The fall in this week has […]
In the week ended April 16, 2021, the increase in reserves was mainly due to a rise in foreign currency assets (FCAs), a major component of the overall reserves
"India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore," Thakur said.