India's forex reserves dip by $1.13 bn to $616.1 bn as of Feb 16

India's foreign exchange reserves decreased by $1.13 billion to $616.1 billion for the week ending February 16, as per Reserve Bank of India (RBI) data. Foreign currency assets (FCAs) dropped by $740 million to $545.78 billion, including the effect of non-US units' appreciation or depreciation. Gold reserves fell by $362 million to $47.38 billion, while SDRs decreased by $28 million to $18.11 billion. Read The Rest at :