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Foreign Exchange Reserves Nov 2021 of India- The country’s foreign exchange reserves fell to $ 63.769 billion – AG Bank

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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.


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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.


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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.


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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.


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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

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