{"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":"

Indias 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 Bank Of India<\/a> (RBI).<\/p>\n

Indias 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":"

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 the most, according to the latest data … Read more<\/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],"class_list":["post-3072","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-12-05-23"],"yoast_head":"\nForex 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 the most, according to the latest data ... 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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 the most, according to the latest data ... 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