Foreign exchange fell by 90 908 million to 6 640.1 billion
MUMBAI: Indian foreign exchange reserves declined last week on selling by foreign investors and depreciation of the rupee. For the week ended October 9, 2021, the foreign exchange reserves fell by ૮ 206 million to. 20.1 billion. It had risen by ૪૯૨ 1.2 billion to ૬૪ 21,008 billion in the previous week, the same week last year. The reason for the increase in the total reserve fund is the FCA. Foreign Currency Assets (FCAs) fell by 2.50 million to ૯૮ 3.04 billion this reporting week. Foreign currency assets, which account for a significant share of total reserves. Depreciation of global currencies other than the dollar, such as the euro, pound and yen, against the dollar also affects the FCA. Gold reserves also declined by 127 million to ૪૪ 2.31 billion. According to a report released by the Reserve Bank, the SDR held by the IMF has increased by ૭ 2.6 billion to ૯ 16.21 billion. Apart from this, the total reserves of the IMF have increased by ૧ 2.50 billion to 10 million.