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India's forex reserves declines by US$ 1.11 billion in the week ended 12 July

Capital Market 

Forex reserves eases to US$ 428.8 billion as on 12 July 2019

India's foreign exchange reserves declined by US$ 1.11 billion to US$ 428.80 billion in the week ended 12 July 2019. The foreign exchange reserves had stood at US$ 429.91 a week ago.

Within the foreign exchange reserves, the foreign currency assets eased to US$ 399.70 billion in the week ended 12 July 2019 from US$ 400.81 billion a week ago.

The gold assets were flat at US$ 24.30 billion from US$ 24.30 billion a week ago.

SDRs were flat at US$ 1.45 billion in the week ended 12 July 2019.

India's foreign exchange reserves increased by US$ 15.93 billion over March 2019, while jumped US$ 23.72 billion over a year ago level.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 19 2019. 17:18 IST
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