• Latest
Forex kitty drops USD 5.40 billion to USD 643.16 billion

Forex kitty drops USD 5.40 billion to USD 643.16 billion

April 20, 2024
Still I Dream of Being a Mother: Samantha Opens Up About Motherhood

Samantha’s Silent Break: How a Digital Detox Changed Her Life

July 9, 2025
Mumbai Doctor Reported Missing After Jumping Off Atal Setu Bridge

Mumbai Doctor Reported Missing After Jumping Off Atal Setu Bridge

July 9, 2025
Siddhu Jonnalagadda Turns Gritty in 'Badass': First Look Makes Bold Statement

Siddhu Jonnalagadda Turns Gritty in ‘Badass’: First Look Makes Bold Statement

July 9, 2025
Leaders Unite Against Derogatory Remarks on TDP MLA Prashanthi Reddy

Bhuvaneswari, Purandeswari Slam YSRCP Leader Over Insult to Woman MLA

July 9, 2025
Shubman Gill Tipped as Heir to the ‘Fab Four’ Legacy by Mark Ramprakash

Shubman Gill Tipped as Heir to the ‘Fab Four’ Legacy by Mark Ramprakash

July 9, 2025
NTR’s Star Power Boosts Buzz for 'War 2' Across India and Overseas

NTR’s Star Power Boosts Buzz for ‘War 2’ Across India and Overseas

July 9, 2025
Pawan Kalyan’s Period Film Nears Release

Pawan Kalyan’s Period Film Nears Release

July 9, 2025
Vijay Deverakonda Sparks Debate with Candid Statement Ahead of Kingdom Release

Vijay Deverakonda Sparks Debate with Candid Statement Ahead of Kingdom Release

July 9, 2025
KTR Slams Rahul Gandhi Over ‘Bulldozer Raj’, Alleges Targeting of the Poor

KTR Slams Rahul Gandhi Over ‘Bulldozer Raj’, Alleges Targeting of the Poor

July 9, 2025
Apple Names Sabih Khan as New COO Amid Strategic Global Shift

Apple Names Sabih Khan as New COO Amid Strategic Global Shift

July 9, 2025
Alia Bhatt’s Ex-Secretary Held for ₹77 Lakh Fraud

Alia Bhatt’s Ex-Secretary Held for ₹77 Lakh Fraud

July 9, 2025
Modi Welcomed in Brazil with Ram Bhajan, Strengthens Ties with Lula

Modi Welcomed in Brazil with Ram Bhajan, Strengthens Ties with Lula

July 9, 2025
Sunday, August 10, 2025
  • Login
CredTimes.com : Formerly known as TollywoodTimes.com
720 X 90 Advertisement
ADVERTISEMENT
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
CredTimes.com : Formerly known as TollywoodTimes.com
Home Business

Forex kitty drops USD 5.40 billion to USD 643.16 billion

Rajeshwari R by Rajeshwari R
April 20, 2024
in Business
Reading Time: 2 mins read
0
Forex kitty drops USD 5.40 billion to USD 643.16 billion
6.8k
SHARES
19.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Mumbai: India’s forex reserves dropped by USD 5.401 billion to USD 643.162 billion for the week ended April 12, the Reserve Bank said on Friday.

The overall reserves increased by USD USD 2.88 billion to a new high of USD 648.562 billion in the previous reporting week.

It can be noted that in September 2021, the country’s forex kitty reached an all-time high of USD 642.453 billion, which was breached in March this year.

The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global events, but there had been a steady accretion over the past few months.

For the week ended April 12, the foreign currency assets, a major component of the reserves, decreased by USD 6.513 billion to USD 564.653 billion, the data released on Friday showed.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

Gold reserves continued their rise and increased by USD 1.241 billion to USD 55.798 billion during the week, the RBI said.

The special drawing rights (SDRs) were down USD 93 million to USD 18.077 billion, the apex bank said.

India’s reserve position with the IMF was also down by USD 35 million to USD 4.634 billion in the reporting week, the central bank data showed.

Tags: IndiaReserve Bank of IndiaRupee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Still I Dream of Being a Mother: Samantha Opens Up About Motherhood

Samantha’s Silent Break: How a Digital Detox Changed Her Life

July 9, 2025
Mumbai Doctor Reported Missing After Jumping Off Atal Setu Bridge

Mumbai Doctor Reported Missing After Jumping Off Atal Setu Bridge

July 9, 2025
Siddhu Jonnalagadda Turns Gritty in 'Badass': First Look Makes Bold Statement

Siddhu Jonnalagadda Turns Gritty in ‘Badass’: First Look Makes Bold Statement

July 9, 2025
No Result
View All Result

Recent News

  • Samantha’s Silent Break: How a Digital Detox Changed Her Life
  • Mumbai Doctor Reported Missing After Jumping Off Atal Setu Bridge
  • Siddhu Jonnalagadda Turns Gritty in ‘Badass’: First Look Makes Bold Statement
  • Bhuvaneswari, Purandeswari Slam YSRCP Leader Over Insult to Woman MLA

We bring you the latest updates on Indian political affairs, business trends, sports highlights, and the glitz and glamour of the entertainment world. Stay tuned for comprehensive coverage of movie releases and reviews, ensuring you're always in the know. Trust CredTimes.com to keep you informed and credible.

  • About Us
  • Privacy & Policy
  • Contact Us

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)