Forex reserves fall by $3.20 billion

Forex reserves fall by $3.20 billion :  Here we give the details of Forex reserves fall by $3.20 billion . so check for more details about Forex news Abandonment for the second consecutive week, the foreign exchange reserves of India fell to a heavy 3:20 billion to $ 284.65 on a sharp decline in foreign currency assets, the central bank said Friday.

Foreign exchange reserves fell by $ 2820000000 to $ 287.85 the previous week.The foreign currency assets (FCAS), a major component of the foreign exchange reserves fell by $ 3150000000 USD 255.28 for the week ending June 28, the data showed, RBI.FCAS, in dollars, including the effect of the increase or decrease in non-US currencies such as the euro, pound and yen held in reserves.

The gold reserves remained unchanged at $ 22836000000 in the week under review. SDRs fell $ 30.8 million to $ 4.342 billion in the period, while the reserve position at the IMF India fell $ 15.5 million in $ 2,189 billion, the data showed.