Gold

Gold Assets Decline, Foreign Exchange Reserves Decrease by 4 Billion U.S.D to 603.93 Billion U.S.D

Data released by the Reserve Bank of India on Friday showed that as of the week of June 18, due to the decline in gold and currency assets, India’s foreign exchange reserves fell from a historical high of US$4.148 billion to US$603.933 billion. In the last reporting week, Forex Kitten soared by US$3.074 billion, reaching a record of US$600.881 billion.