India's Forex reserves edge up by over USD 932 mn
Mumbai, Dec 7 : India's foreign exchange (forex) reserves rose by USD 932.8 million during the week ended November 30, official data showed on Friday.
India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India's position with the International Monetary Fund (IMF).
FCAs, the largest component of the forex reserves, edged higher by $787.9 million to $368.48 billion during the week ended November 30.
Besides the US dollar, FCAs consist of 20-30 per cent of other major global currencies.
Similarly, the RBI's weekly data showed that the value of the country's gold reserves increased. It rose by $151.8 million to $21.15 billion.
However, the SDR value went down by $2.5 million to $1.45 billion, whereas the country's reserve position with the IMF decreased by $4.4 million to $2.62 billion.