India’s forex reserves fall to $578.45 billion as of March 31

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India’s forex reserves fall to $578.45 billion as of March 31

BENGALURU: India's foreign exchange reserves fell to $578.45 billion as of March 31, down from $578.78 billion a week earlier, the Reserve Bank of Ind

BENGALURU: India’s foreign exchange reserves fell to $578.45 billion as of March 31, down from $578.78 billion a week earlier, the Reserve Bank of India said on Friday.
The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies held in RBI‘s reserves.
Foreign exchange reserves include India’s Reserve Tranche position in the International Monetary Fund.

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