India’s foreign exchange reserves dip $2.34 bn to $590.7 bn

Times of India

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Individual: Sahu Jain Family

India’s foreign exchange reserves dip $2.34 bn to $590.7 bn

India's foreign exchange reserves have decreased by $2.335 billion to $590.702 billion, according to the Reserve Bank of India. Foreign currency assets dropped by $2.55 billion to $523.40 billion, while gold reserves increased by $307 million to $44.31 billion. Reserve position in the IMF decreased by $11 million to $5.02 billion.