Key Points
India's foreign exchange reserves dipped by of $1.13 billion to $616.1 billion for the week ending on February 16, latest data by Reserve Bank of India (RBI) showed on Friday...
According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) dropped by $740 million to $545.78 billion..
Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves...
Gold reserves fell by $362 million to $47.38 billion, whereas SDRs decreased by $28 million to $18.11 billion...
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