Sunday, Jun 07, 2020 | Last Update : 06:26 AM IST

74th Day Of Lockdown

Maharashtra80229286942849 Tamil Nadu2869415762235 Delhi2633410315708 Gujarat19119130111190 Rajasthan100847359218 Uttar Pradesh97335648257 Madhya Pradesh89965878384 West Bengal73032912366 Karnataka4835169357 Bihar4598223329 Andhra Pradesh4250256573 Haryana3597120924 Telangana32901627113 Jammu and Kashmir3142104835 Odisha247814819 Punjab2415204347 Assam19894434 Kerala170071215 Uttarakhand115328610 Jharkhand7642975 Chhatisgarh6781892 Tripura6221730 Himachal Pradesh3691636 Chandigarh3022225 Goa126570 Manipur124110 Puducherry90330 Nagaland8000 Arunachal Pradesh3710 Meghalaya33131 Mizoram1710 Sikkim200

Forex reserves decline by USD 2.05 bn to USD 417.99 bn

PTI
Published : May 24, 2019, 7:39 pm IST
Updated : May 24, 2019, 7:39 pm IST

In the previous week, the reserves had risen by USD 1.368 billion to reach USD 420.055 billion.

The special drawing rights with the International Monetary Fund fell by USD 9.8 million to USD 1.444 billion. (Representative Image)
 The special drawing rights with the International Monetary Fund fell by USD 9.8 million to USD 1.444 billion. (Representative Image)

Mumbai: After rising for the past few weeks, the country's foreign exchange reserves declined USD 2.057 billion to USD 417.998 billion in the week to May 17 on account of a fall in foreign currency assets, RBI data showed Friday.

In the previous week, the reserves had risen by USD 1.368 billion to reach USD 420.055 billion.

In the reporting week, foreign currency assets, which are a major component of the overall reserves, decreased by USD 2.030 billion to USD 390.197 billion.

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

Gold reserves remained unchanged at USD 23.021 billion, according to the data.

The special drawing rights with the International Monetary Fund fell by USD 9.8 million to USD 1.444 billion.

The country's reserve position with the Fund also declined by USD 16.9 million to USD 3.334 billion.

Tags: rupee, us dollar, forex, international monetary fund
Location: India, Maharashtra, Mumbai (Bombay)
ADVERTISEMENT
ADVERTISEMENT