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.
Responding to a written question asked by MLA from Dhenkanal, Sudhir Kumar Samal, the Minister stated "The surveys of the Directorate of Mines and Geological Survey Of India (GSI) revelation the presence of Gold reserves in three districts including Deogarh, Keonjhar and Mayurbhanj."
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined by USD 1.747 billion to USD 496,441 billion.
Breaking the trend of the fifth consecutive week of rising foreign exchange reserves, they fell by USD 571 million to USD 563.499 billion in the week that ended on December 16, Reserve Bank of India's Bulletin Weekly Statistical Supplement data showed on Friday.
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14 billion, the Reserve Bank of India data showed on Friday evening. This is the third consecutive week of rising reserves.
Mumbai (Maharashtra) [India], July 15 (ANI): India's foreign exchange (forex) reserves slumps by $8.062 billion to $580.252 billion for the week ended July 8, as per the data released by the Reserve Bank of India (RBI) on Friday.
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o