India’s foreign exchange (forex) reserves dipped by $31.6 million to $309.41 billion in the week ended April 18.
In the reporting week, the country’s foreign currency assets fell by $16.2 million to $281.53 billion and gold reserves remained unchanged at $21.56 billion.
Special Drawing Rights and country’s reserve position in International Monetary Fund declined $10.9 million and $4.5 million, respectively.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.