According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 4.38 billion to USD 509.691 billion
In its weekly bulletin, the State Bank of Pakistan (SBP) said that its foreign exchange reserves have decreased as of the week ended March 24, which will provide an import cover of less than a month.
India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve Bank of India's latest data.
The political drama over the arrest of former prime minister Imran Khan has given a clear idea about the priority of Pakistan's policymakers when the country is struggling with economic downfall. It appears Pakistan gets stuck in a severe political crisis as the country approaches the nation
India's foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India's latest data.
The reserves rose USD 1.46 billion at the end of last week after falling by a total of USD 15.8 billion in the previous four weeks, the RBI's statistical supplement showed on Friday.
Domestic benchmark stock Indices -- Sensex and Nifty -- started the fresh week in the green as they rose marginally erasing some part of the losses from the previous session.
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined USD 7.108 billion to USD 500.587 billion.