India's Forex Reserves Drop $1.01 Billion in Week

  Published 1 year ago

India's forex reserves fell $1.01 billion to $697.93 billion in the week ended June 20, driven by declines in foreign currency assets, gold, SDRs, and IMF reserves.

  • Foreign currency assets dropped $357 million to $589.06 billion.
  • Gold reserves decreased $573 million to $85.74 billion.
  • SDRs and IMF reserves fell by $85 million and $1 million, respectively.

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