Comments
India's foreign exchange reserves declined by $326 million to $314.339 billion in the week ended November 11, according to Reserve Bank of India's ‘Weekly Statistical Supplement'.
In the previous week ended November 44, India's foreign exchange reserves declined by $5.725billion to $314.665 billion.
In the week under consideration, the euro ended flat against the US dollar.
India's reserve position at the International Monetary Fund in the week under review declined by $14 million to $2.626 billion. SDRs also declined by $24 million to $4.528 billion, while gold reserves remain unchanged at $26.896 billion.
Comments
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.