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BENGALURU: India’s foreign exchange reserves fell to $578.45 billion as of March 31, down from $578.78 billion a week earlier, the Reserve Bank of India said on Friday.

The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies held in RBI’s reserves.

Foreign exchange reserves include India’s Reserve Tranche position in the International Monetary Fund.

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Abubaker Usmaan Apr 08, 2023 10:25am
Pak reserves ? India high level reserves! No match? How Pak reserves can enhance to meet import of fundamental industrial material to manufacture from raw indigenous . DAR may focus to change economic policy and PML do political cease fire and focus on economy
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Muhammed Apr 08, 2023 12:52pm
It is still 500 times more than ours. Such trivial movement in reserves happens every week & is a norm. No need to hype.
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KhanRA Apr 08, 2023 10:45pm
It is worth remembering that India runs massive annual deficits. These reserves are built on debt, not inflows.
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