India's foreign exchange reserves went down to $355. 55 billion for the week ended March 25, the Reserve Bank of India (RBI) said.
According to RBI's forex data, the forex reserves stood at $355. 55 billion for the week ended March 25 as against $355. 94 billin for the week ended March 18.
The forex reserves reduction is due to decrease in foreign currency assets to $332. 14 billion from $332. 50 billion for March 18.
While there is no change in the value of gold reserves at $19. 32 billion, the special drawing rights (SDR) stood at $1. 48 billion as on March 25 down from the previous week's level of $1. 49 billion.
Similarly the reserve position in International Monetary Fund (IMF) came down to $2. 599 billion for the week ended March 25 as against $2. 618 billion for week ended March 18.
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