India's Forex reserves down with over $152 mn

referring to India's (Forex) reserves dropped with $152.4 mn as on March 16, formal information showed on Friday. The spare Bank of India's (RBI) every week statistical supplement showed which the overall Forex reserves dropped to $421.33 bn from $421.48 bn announced for the 7 days ended March 9. India's Forex reserves comprise of difficult currency assets (FCAs), gold reserves, special drawing rights (SDRs) & the RBI's position with the (IMF). Segment-wise, foreign currency assets -- the largest component of the Forex reserves -- reliefed with $175.2 mn to $396.15 bn during the 7 days under review. However, the country's gold reserves price rose with $13.2 mn to $21.56 billion.

Forex reserves fall with $152 million

Foreign currency assets (FCAs), that form a key component of reserves, fell with 5.20 mn from the Former 7 days to 6.156 billion. (Reuters)India's foreign interchange reserves fell with $152.40 mn on March 16 to $421.334 billion, information from the RBI show. Foreign currency assets (FCAs), that form a key component of reserves, fell with $175.20 mn from the Former 7 days to $396.156 billion. Gold reserves rose with $13.2 mn to $21.562 billion. Special drawing rights (SDR) from the International Monetary Fund (IMF) rose with $4.1 mn from the Former 7 days to $1.538 billion.

Forex reserves fall to $18.079bln

as mentioned in Forex reserves fall to $18.079blnKARACHI: Pakistan's foreign interchange reserves dropped to $18.079 bn on March 16 from $18.240 bn a 7 days ago, the central bank told on Thursday. The foreign interchange reserves held with the State Bank of Pakistan (SBP) reliefed with $182 million. The SBP's forex reserves stood at $11.944 bn as compared to $12.126 bn in the Former week. The decline in foreign interchange reserves was because of payments on account of external debt servicing. However, the forex reserves held with commercial banks promote to $6.135 bn against $6.114 bn in the preceding week.

Forex reserves drop with $152.4 million to $421.334 bn

After hight for 2 consecutive weeks, the country's foreign interchange reserves reliefed marginally with USD 152.4 mn to USD 421.334 bn in the 7 days to March 16, on account of a fall in difficult currency assets, spare Bank told today. In the Former week, the reserves had promoted with USD 728.9 mn to USD 421.487 billion. In the reporting week, difficult currency assets, a great component of the overall reserves, declined with USD 175.2 mn to USD 396.156 billion. Gold reserves promoted with USD 13.2 mn to USD 21.562 billion, the central bank said. The country's spare position with the Fund too promoted with USD 5.5 mn to USD 2.077 billion, RBI said.

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