Forex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.
Sri Lanka's worsening foreign-exchange shortage has seriously impacted the energy sector, which largely depends on imports for fuel.
On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.480 billion to $569.889 billion.
The country's foreign exchange reserves swelled by USD 3.091 billion to a lifetime high of USD 476.092 billion in the week to February 14, mainly due to a rise in foreign currency assets, according to the RBI data.
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).
China has the largest forex reserves in the world
The country's forex reserves surged by USD 2.604 billion to reach an all-time high of USD 400.726 billion in the week ended September 8 on account of rise in foreign currency assets
Foreign currency assets (FCAs), a major component of overall reserves, increased by USD 2.748 billion to USD 357.290 billion in the reporting week, RBI said.
Mumbai: India's forex reserves rose for the fifth consecutive week, adding USD 4.41 billion to USD 295.71 billion in the week ended December 6 on account of a rise in foreign currency assets, the Reserve
New Delhi, Mar 15: The Economic Survey 2011-12 says, the unfolding of the Euro zone crisis and uncertainty surrounding the global economy have impacted the Indian economy causing drop in growth, higher current account deficit
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