The country's foreign exchange reserves declined by $ 2.590 billion to $ 399.65 billion in the week ended September 29, mainly due to the lack of foreign currency assets. This information was given to the latest RBI data. Earlier, ending September 15, the country's foreign exchange reserves declined by $ 262.3 million to $ 402.24 billion at the end of last week. At one point during the week, it touched the all-time record high of $ 402.50 billion. Figures from the Reserve Bank of India show that the important share of total foreign exchange reserves, i.e. foreign currency assets (FCA) decreased by $ 2.565 billion to $ 375.18 billion in that week. Gold reserves were $ 20.691 billion, there was no change in this. The Reserve Bank said that the special withdrawal rights in the International Monetary Fund (IMF) decreased by $ 10 million to $ 1.502 billion. In the IMF, the reserve of the country's reserves has decreased by $ 1.52 million to $ 2.27 billion.
The country's reserve position with the IMF declined by USD 15.2 million to USD 2.276 billion, the apex bank said. In the previous week, the reserves decreased by USD 262.3 million to USD 402.246 billion, after touching a lifetime high of USD 402.509 billion in the week to September 15.
Expressed in US dollar terms, FCA includes the effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves. Gold reserves remained unchanged at USD 20.691 billion.
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