The country's gold reserves increased by $192 million to $37.44 billion. India's reserve position with the IMF rose by $14 million to $5.11 billion
Foreign currency assets declined by $3.365 billion to $573.009 billion
Foreign currency assets declined by $1.12 billion to $567.628 billion
FCA rose by $463 million to $568.748 billion in the reporting week
Local Gold markets tracked cues from the Indian rupee as the domestic currency fell against the dollar
At the interbank foreign exchange, the rupee opened at 74.97 then lost further ground and fell to 75.14 against the US dollar, showing a decline of 41
The local unit is likely to average around 73.50-74 in the financial year 2021-22, as despite a vaccine, the coronavirus hysteria still persists and m