India's Forex Reserves Fall
TEHRAN (ANA)- India's foreign exchange reserves declined 2.794 billion U.S. dollars to 616.143 billion dollars during the week ending on Jan. 19, according to the latest data of India's central bank.
The data revealed that foreign currency assets, which is termed as the biggest forex component, declined 2.653 billion dollars to 545.855 billion dollars.
During the week ending on Jan. 12, India's foreign exchange reserves increased 1.634 billion dollars to 618.937 billion dollars.
According to media reports, in the calendar year 2023, nearly 58 billion dollars was added to India's foreign exchange reserves, and in 2022 the country's foreign exchange reserves slumped 71 billion dollars.
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