Foreign Exchange Reserves: The country's foreign exchange reserves declined by $ 90.8 million to $ 640.1 billion in the week ended October 22. The Reserve Bank of India (RBI) has given this information in its latest data on Friday. Due to this, forex reserves increased by $ 1.492 billion to $ 641.008 billion in the week ended October 15. At the same time, earlier in the week ended September 3, 2021, the foreign exchange reserves had reached an all-time high of $ 642.453 billion.
RBI released data
According to the weekly data released by the RBI on Friday, this decline in foreign exchange reserves for the week ended October 22 was mainly due to the depletion of foreign currency assets (FCA) and gold reserves, which constitute a significant part of the total reserves.
The fall in FCA
The Reserve Bank said that India's foreign currency assets (FCA) declined by $ 853 million to $ 577.098 billion in the week under review. Foreign currency assets, denominated in dollars, also include the effect of an increase or decrease in the value of other foreign currencies such as the euro, pound, and yen held in foreign exchange reserves. Gold reserves declined by $138 million to $38.441 billion in the week under review.
Increase in SDR
According to the Reserve Bank data, the country's special drawing rights (SDR) with the International Monetary Fund increased by $ 74 million to $ 19.321 billion. The country's foreign exchange reserves in the IMF increased by $ 10 million to $ 5.240 billion.
Big fall in the stock market
There has been a big sell-off in the market due to foreign institutional investors (FPIs), due to which the investors have lost about Rs 6.15 lakh crore. Let us tell you that due to the fall of only 3 days, the investors have suffered heavy losses.
"How much overacting he did!" Public opinion changed after watching Dhurandhar on OTT, and they revealed who was responsible for the film earning 1300 crore.
Ranveer Singh and Akshaye Khanna's spy thriller film 'Dhurandhar' became a topic of discussion on social media even before its release. When the film was censored and given an A rating before its OTT
Paris Olympics Day 6 Schedule: Swapnil will be responsible for getting the medal, the hockey team will face Belgium
The fifth day of the Paris Olympics was good for the Indian team. On Wednesday, Indian shooter Swapnil Kusale reached the final of the men's 50-meter rifle three-position event. On Thursday, there
Kargil Vijay Diwas: Why is Kargil Vijay Diwas celebrated only on 26 July? know history
The border conflict between India and Pakistan has been ongoing since partition. There is a firing on the LoC every day. The military forces of both countries keep fighting for Kashmir. This conflict
Coronavirus Updates: Big drop in corona cases, 1247 new cases in 24 hours, only one death
A day later, there has been a big decline in the cases of Corona in the country. In the last 24 hours, 1,247 cases of corona infection have been reported. While only one patient has died. The Ministry
Sri Lanka Crisis: Demonstrations resumed in Sri Lanka, thousands of people marched against the tax hike
Even after getting a new President for the people of Sri Lanka, their problems are not decreasing. Hundreds of people in the largest city Colombo are struggling with the financial crisis. At the same
KVS Admission 2022: Delhi High Court said – Delhi cannot have two different types of schools for the same education
On fixing the minimum age of 6 years for admission to Class I in Kendriya Vidyalayas (KVS Admission 2022) from the upcoming session, the Delhi High Court on Monday said that there are no two different
Maharashtra: 'Aftab had done 35 pieces of Shraddha, I will make you 70', the woman threatened by live-in partner
Instead of taking lessons from the heart-wrenching murder of Shraddha Walker in Delhi, some people seem to be getting emboldened by it. Now a woman living in Dhule, Maharashtra has been threatened
Pakistani media praised the leadership of PM Modi, saying- India is the most relevant country in the world
For the first time, a leading Pakistani newspaper has hailed India's growing global influence under the leadership of Prime Minister Narendra Modi and the country's growing stature on the world stage.
PM Modi's road show before BJP meeting: National Working Committee meeting in Delhi, strategy for 9 state elections will be made
BJP's national executive meeting is being held in Delhi on 16 and 17 January. The meeting will be attended by Prime Minister Narendra Modi, Home Minister Amit Shah, Defense Minister Rajnath Singh, and
Terror Attack: Biggest attack after Pulwama... 26 killed, Jammu closed in protest, CCS meeting in Delhi today
On Tuesday, terrorists in Pahalgam, Jammu, and Kashmir, killed at least 26 people by firing indiscriminately at tourists. The terrorists, dressed in army uniform, first asked the tourists about their
