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01:19
India's forex reserves fall by 1.31 bln USD
STORY: India's forex reserves fall by 1.31 bln USD
SHOOTING TIME: Nov. 29, 2024
DATELINE: Nov. 30, 2024
LENGTH: 00:01:18
LOCATION: New Delhi
CATEGORY: ECONOMY
SHOTLIST:
1. various of India gate
2. various of Reserve Bank of India building
3. various of market area
STORYLINE:
India's foreign exchange reserves declined by 1.31 billion U.S. dollars to 656.582 billion dollars during the week ended November 22, official data released by the country's central bank showed on Friday.
The foreign reserves' biggest component, foreign currency assets, fell by 3.043 billion dollars to 566.791 billion dollars, said the Reserve Bank of India.
However, the overall gold reserves increased by 1.828 billion dollars to 67.573 billion dollars.
India's forex reserves had fallen by 17.761 billion dollars during the previous week (ended Nov. 15), which was described as the sharpest fall in a week to date.
The forex reserves, which hit an all-time high of 704.885 billion dollars in September, had been declining for multiple weeks.
Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)
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