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India's forex reserves declines by US$ 0.74 billion in the week ended 19 April

Capital Market

Forex reserves eases to US$ 414.1 billion as on 19 April 2019

India's foreign exchange reserves declined by US$ 0.74 billion to US$ 414.15 billion in the week ended 19 April 2019. The foreign exchange reserves had stood at US$ 414.89 a week ago.

Within the foreign exchange reserves, the foreign currency assets declined to US$ 386.03 billion in the week ended 19 April 2019 from US$ 386.76 billion a week ago.

The gold assets were flat at US$ 23.30 billion from a week ago level. SDRs were flat at US$ 1.46 billion in the week ended 19 April 2019.

India's foreign exchange reserves increased by US$ 1.28 billion over March 2019, but declined US$ -9.44 billion over a year ago level, mainly driven by the decline in foreign currency assets.

 

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First Published: Apr 27 2019 | 7:51 PM IST

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