{"id":3072,"date":"2024-06-14T00:02:51","date_gmt":"2024-06-14T00:02:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3072"},"modified":"2024-06-14T00:02:51","modified_gmt":"2024-06-14T00:02:51","slug":"forex-reserves-dip-6-1-billion-to-593-48billion","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/forex-reserves-dip-6-1-billion-to-593-48billion\/","title":{"rendered":"Forex reserves dip $6.1 billion to $593.48\nbillion"},"content":{"rendered":"<p>Indias <a href=\"https:\/\/exam.pscnotes.com\/foreign-exchange\">Foreign Exchange<\/a> reserves, which had been steadily increasing over the past few weeks, experienced a decline of $6.1 billion in the week ending on May 19, 2023. This pullback comes after three consecutive weekly increases and affects all components of the reserves, withforeign currency assets (FCA)being impacted the most, according to the latest data from the Reserve <a href=\"https:\/\/exam.pscnotes.com\/bank-of-india\">Bank Of India<\/a> (RBI).<\/p>\n<p>Indias <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n          <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>   <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> total forex reserves reached $593.48 billion during the week ending on May 19, 2023, representing a decrease of $6.052 billion from the previous week. In the previous week, reserves had increased by $3.553 billion, bringing them close to the $600 billion mark at $599.53 billion. Before that, the reserves had surged by $7.196 billion. Notably, in the first week of May, reserves had jumped by $4.532 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indias Foreign Exchange reserves, which had been steadily increasing over the past few weeks, experienced a decline of $6.1 billion in the week ending Join Our Telegram Channel Subscribe on YouTube on May 19, 2023. This pullback comes after three consecutive weekly increases and affects all components of the reserves, withforeign currency assets (FCA)being impacted &#8230; <a title=\"Forex reserves dip $6.1 billion to $593.48\nbillion\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/forex-reserves-dip-6-1-billion-to-593-48billion\/\">Read more <span class=\"screen-reader-text\">Forex reserves dip $6.1 billion to $593.48<br \/>\nbillion<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[786],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Forex reserves dip $6.1 billion to $593.48 billion - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/forex-reserves-dip-6-1-billion-to-593-48billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex reserves dip $6.1 billion to $593.48 billion\" \/>\n<meta property=\"og:description\" content=\"Indias Foreign Exchange reserves, which had been steadily increasing over the past few weeks, experienced a decline of $6.1 billion in the week ending on May 19, 2023. This pullback comes after three consecutive weekly increases and affects all components of the reserves, withforeign currency assets (FCA)being impacted Join Our Telegram Channel the most, according ... 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This pullback comes after three consecutive weekly increases and affects all components of the reserves, withforeign currency assets (FCA)being impacted Join Our Telegram Channel the most, according ... 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