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Gold reserves plunge, forex kitty dips to $353.46 bn

Last Updated: Friday, August 7, 2015, 20:25

India's gold reserves fell sharply by USD 824.2 million as the metal's prices weakened globally, but gains in currency assets limited the dip in overall forex reserves, which were down USD 187.6 million at USD 353.46 billion for the week ended July 31.

India's forex reserves down $97.9 million to $322 billion

Last Updated: Friday, January 30, 2015, 22:59

Special drawing rights decreased by USD 61.4 million to USD 4.047 billion.

India forex reserves up $1.432 billion to $316.311 billion

Last Updated: Friday, December 5, 2014, 21:11

The country's reserves surged by USD 1.432 billion to USD 316.311 billion in the week to November 28 due to rise in foreign currency assets, RBI data showed Friday.

India's forex reserves up $157 million

Last Updated: Saturday, February 1, 2014, 20:16

The value of India's gold reserves remained stagnant at USD 19.72 billion.

Govt may use its gold reserves to reduce CAD, hints Anand Sharma

Last Updated: Tuesday, August 27, 2013, 16:25

The Commerce Minister said that only 500 tonnes of gold will be sufficient to cover India’s current account deficit.

India's foreign reserves up $1.63 billion

Last Updated: Saturday, December 22, 2012, 23:25

The reserves had gone up by USD 484.2 million to USD 294.99 billion in the week ending Dec 7.

Forex reserves plunge a steep $20.32 bn to $294.34 billion YTD

Last Updated: Saturday, November 10, 2012, 18:57

However, the gold reserves rose by USD 56.4 million to USD 28.189 billion during the reporting period, the apex bank said.