Forex reserves decline USD 5.24 bn to USD 617.23 bn

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Mumbai, Feb 23 (PTI) Indias forex reserves declined USD 5.24 billion to USD 617.23 billion for the week ending February 9, according to weekly data released by the Reserve Bank of India (RBI) on Friday...

The forex kitty stood at USD 622.5 billion for the week ended February 2...

However, in the current fiscal, the forex reserves have increased USD 50.28 billion, the RBI data showed...

Foreign currency assets, which constitute the largest component of the reserves, dropped USD 4.07 billion to USD 546.52 billion during the week under review, as per the latest data...

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and the yen held in the foreign exchange reserves...

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