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Forex reserves fall $14.88 bn to $765.90 bn

economictimes.indiatimes.com · 20h · first reportShare

India's foreign exchange reserves declined by $14.88 billion to $765.90 billion in the week ended September 18, according to data released by the Reserve Bank of India (RBI) on Friday.Foreign currency assets (FCA), the largest component of reserves, fell by $14.82 billion during the week to $630.98 billion.FCA holdings were up $78.697 billion from end-March and $44.830 billion from a year earlier. Gold reserves, however, rose marginally by $68 million during the week to $111.292 billion.India's foreign exchange reserves had surged by $74.793 billion from end-March and $63.331 billion from a year earlier as of September 18, the data showed.