ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Forex reserves fall by $935.2 million to $359.671 billion

India's foreign exchange reserves declined by $ 935.2 million to $ 359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said today.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Forex reserves fall by $935.2 million to $359.671 billion
FCAs, expressed in US dollar terms, include the effects of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the reserves. Photo: Pixabay

India's foreign exchange reserves declined by $ 935.2 million to $ 359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said today.

In the previous week, the reserves had fallen by $ 2.380 billion to $360.606 billion.

They had touched a life-time high of $371.99 billion in the week to September 30, 2016.

Foreign currency assets (FCAs), a major component of the overall reserves, dipped by $ 933.2 million to $ 335.970 billion in the reporting week.

FCAs, expressed in US dollar terms, include the effects of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the reserves.

Gold reserves remained steady at $19.982 billion in the reporting week, the RBI said.

The special drawing rights with the International Monetary Fund decreased by $ 0.9 million to $ 1.427 billion, while India's reserve position with the Fund too declined by $ 1.1 million to $ 2.290 billion, the data showed.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Forex Reservesforeign currency assetsindiaEconomyInternational Monetary FundReserve Bank of India
Written By: PTI
Updated: Fri, Dec 30, 2016
05:53 pm
Mumbai, PTI
RELATED NEWS
India's forex reserves touched a six-months high, up by $1.727 billion- Economists explain why India's forex reserves touched a six-months high, up by $1.727 billion- Economists explain why
Indian forex reserves post the highest jump in last 1 year- Will it help aam aadmi? Indian forex reserves post the highest jump in last 1 year- Will it help aam aadmi?
Foreign exchange reserve swells by USD 6.561 billion to USD 531.081 billion Foreign exchange reserve swells by USD 6.561 billion to USD 531.081 billion
Fall in global currency highest in 20 years: Here's what it means for Indian economy Fall in global currency highest in 20 years: Here's what it means for Indian economy

LATEST NEWS

Samsung Galaxy S23 Ultra Vs Galaxy S23 plus Vs Galaxy S23: Specification, Price comparison and other details

Budget 2023: Massive hike in Senior Citizen Savings Scheme, Post Office Monthly Income Scheme; Govt doubles deposit limit | Details

Budget 2023: National Digital Library for children, adolescents to be set up, says Sitharaman

US Fed hikes rates for first time in new year

Budget 2023: Govt to borrow record Rs 15.4 lakh crore in FY24 to bridge revenue gap

Budget 2023: KYC compliance to be made easier; PAN to be common identifier for all digital systems

From RVNL to IRCON to IRCTC: Railway-related stocks in limelight ahead of Union Budget

ITC shares fall and then recover after government hikes cigarette taxes — do investors need to panic?

Budget 2023: Rs 1.23 lakh crore allocated for postal, telecom projects

Adani Enterprises calls off fully subscribed FPO; money to be returned to investors

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV