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

Foreign Exchange Reserves Fall USD 2.33 Bln To USD 590.70 Bln

In the previous reporting week, the overall reserves dropped by USD 867 million to USD 593.037 billion.

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.