India\'s forex reserves declines by US$ 0.74 billion in the week ended 19 April

India's forex reserves declines by US$ 0.74 billion in the week ended 19 April

Capital Market 

Forex reserves eases to US$ 414.1 billion as on 19 April 2019

India's declined by US$ 0.74 billion to US$ 414.15 billion in the week ended 19 April 2019. The had stood at US$ 414.89 a week ago.

Within the foreign exchange reserves, the foreign currency assets declined to US$ 386.03 billion in the week ended 19 April 2019 from US$ 386.76 billion a week ago.

The gold assets were flat at US$ 23.30 billion from a week ago level. SDRs were flat at US$ 1.46 billion in the week ended 19 April 2019.

India's increased by US$ 1.28 billion over March 2019, but declined US$ -9.44 billion over a year ago level, mainly driven by the decline in foreign currency assets.

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First Published: Sat, April 27 2019. 19:51 IST