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Loss to foreign exchange reserves, fall by $ 77.80 million


Loss to foreign exchange reserves, fall by $ 77.80 million 1

new Delhi. For the second time in the last three weeks, there has been a big fall in the foreign exchange reserves, it has decreased by about $ 78 million in the week ended December 11. Also, there has been a decline in foreign currency assets. While gold reserves have seen a boom for the second week in a row. Let us also tell you what kind of data has been presented by the Reserve Bank of India.

Also read: Mamta Banerjee suffered huge loss as soon as Amit Shah reaches Bengal, may have to face defeat!

Decline in foreign exchange reserves
The country’s foreign exchange reserves declined by $ 77.80 million to $ 578.57 billion in the week ended December 11. Earlier in the week ended December 4, foreign exchange reserves had increased by $ 4.53 billion to a record level of $ 579.35 billion.

Also read: For the 13th consecutive day in the price of petrol and diesel, know how much to pay

Gold reserves boom
According to data released by the Reserve Bank on Friday, the foreign currency asset, the largest component of foreign exchange reserves, fell $ 1.04 billion to $ 536.34 billion for the week ended December 11. During this period, gold reserves increased by $ 28.40 million to reach $ 36.01 billion. The reserve with the International Monetary Fund decreased by $ 16 million to $ 4.71 billion and special drawing rights by $ 3 million to $ 1.50 billion in the week under review.


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