NEW DELHI: India's foreign exchange reserves came down by $1,980.4 million to around $351 billion for the week ending October 23, said the Reserve Bank of India (RBI).
In a statement issued on Friday, the RBI said the country's total forex reserves as on October 23 stood at around $351 billion.
While there was no change in the valuation of gold, the decrease in the foreign currency assets by around $1,932.50 million to $328 billion mainly dragged to forex position down.
Similarly, the valuation of special drawing rights (SDR) came down by $36.20 million to around $4.04 billion at the end of the week ending October 23.
India's reserve position with International Monetary Fund (IMF) went down by around $11.7 million to around $1.31 billion.
Be Part of Quality Journalism
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.