India’s foreign exchange reserves have fallen by $2.67 billion to $593 billion

India’s foreign exchange reserves fell by $2.67 billion to $593.28 billion in the week ended May 13.

Forex reserves were $595.95 billion in the previous reporting week.

India’s foreign exchange reserves total $593.28 billion, with $529.55 billion in foreign currency assets, $40.57 billion in gold, $18.20 billion in special drawing rights, an international reserve asset created by the International Monetary Fund (IMF), and $4.95 billion in IMF reserve position.

Source:EP