Foreign Exchange Reserves Nov 2021 of India: In the week ended November 26, the country’s foreign exchange reserves fell to $ 63.799 billion.
According to the data released by the Reserve Bank of India:
Foreign Exchange Reserves Nov 2021
India’s foreign exchange reserves fell by $ 271 million (about Rs 20,325 crore in Indian currency) to $ 63,769 million in the week ended November 26, 2021.
Its price in India is around Rs 47.75 lakh crore.
Forex reserves in India
Forex reserves rose by $29 billion to $64,040 billion during the week ended November 19.
Asset Values: A significant fall in the value of foreign currency assets (FCAs), which play a major role in forex reserves, was the main reason for the fall in forex reserves for the week ended November 26.
The value of FCA fell by $105 billion to $57,466 billion during the week under review.
Fall in the value of gold During the week under review, gold reserves fell by $ 157 billion to $ 3.882 billion.
Our country’s Special Withdrawal License STO in the International Monetary Fund fell by $7 billion to $1.904 billion.
Similarly, the country’s reserves in the fund declined by $3 billion to $516 billion, according to RBI data.
Foreign Exchange Reserves Nov 2021 of India: In the week ended November 26, the country's foreign exchange reserves fell to $ 63.799 billion.
— Asia Global Bank (@AsiaGlobalBank) December 5, 2021
According to the data released by the Reserve Bank of India:
Foreign Exchange Reserves Nov 2021
India'shttps://t.co/8Fetr1FDZC pic.twitter.com/JFM4qN7LWB
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Other currencies, including the euro, pound and yen, are in foreign exchange reserves. When these currencies are revalued in dollars, the foreign exchange reserves change during the valuation week according to the fluctuations in their external value.
Historic peak: In the week ending September 3, 2021, India’s foreign exchange reserves touched a new record high of $64,245 million (about Rs 48.18 trillion in Indian currency) for the first time.
Item | As on November 26, 2021 | Variation over | ||||||
Week | End-March 2021 | Year | ||||||
`Cr. | US$ Mn. | `Cr. | US$ Mn. | `Cr. | US$ Mn. | `Cr. | US$ Mn. | |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
1 Total Reserves | 4776057 | 637687 | 18576 | -2713 | 557104 | 60704 | 518799 | 62867 |
1.1 Foreign Currency Assets | 4304119 | 574664 | 27141 | -1048 | 379951 | 37971 | 353113 | 41209 |
1.2 Gold | 290793 | 38825 | -9272 | -1566 | 43070 | 4945 | 30141 | 3633 |
1.3 SDRs | 142576 | 19036 | 606 | -74 | 131712 | 17550 | 131507 | 17542 |
1.4 Reserve Position in the IMF | 38569 | 5162 | 100 | -25 | 2371 | 238 | 4037 | 483 |
Check above data- Foreign Exchange Reserves Nov 2021 of India- The country’s foreign exchange reserves fell to $ 63.769 billion- Data Souce- Reserve Bank India
