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India's forex reserves fall to $644.39 billion, down $8.4 billion as of Dec 20
India's foreign exchange reserves dipped by $8.4 billion to $644.39 billion as of December 20, according to data shared by the Reserve Bank of India (RBI) on Friday. For the previous week, India's foreign exchange reserves dropped by $1.98 billion during the week ending December 13, 2024, settling at $652.87 billion.
India's foreign exchange reserves dipped by $8.4 billion to $644.39 billion as of December 20, according to data shared by the Reserve Bank of India (RBI) on Friday.
For the previous week, India's foreign exchange reserves dropped by $1.98 billion during the week ending December 13, 2024, settling at $652.87 billion.
Meanwhile, Gold reserves were down by $2.3 billion to $65.7 billion. Special Drawing Rights (SDRs) dipped to $112 million, now totalling $17.88 billion, while the reserve position in the International Monetary Fund (IMF) contracted by $23 million, standing at $42.17 billion.
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