{"id":34392,"date":"2025-08-31T09:25:19","date_gmt":"2025-08-31T09:25:19","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/34392\/"},"modified":"2025-08-31T09:25:19","modified_gmt":"2025-08-31T09:25:19","slug":"forex-watch-reserves-fall-4-38-bn-to-690-72-bn-fca-and-gold-drag-holdings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/34392\/","title":{"rendered":"Forex watch: Reserves fall $4.38 bn to $690.72 bn, FCA and gold drag holdings"},"content":{"rendered":"<p> <img src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/08\/1756632319_570_-.jpg\" alt=\"Forex watch: Reserves fall $4.38 bn to $690.72 bn, FCA and gold drag holdings\" decoding=\"async\" fetchpriority=\"high\"\/> India\u2019s foreign exchange reserves fell by $4.386 billion to $690.72 billion in the week ended August 22, the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reserve-bank-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Reserve Bank of India<\/a> (RBI) said on Friday.The overall reserves had risen $1.488 billion to $695.106 billion in the preceding reporting week, PTI reported.According to RBI data, foreign currency assets (FCA)\u2014the biggest component of reserves\u2014declined $3.652 billion to $582.251 billion. FCA, expressed in dollar terms, also captures the impact of movements in non-US currencies such as the euro, pound, and yen.Gold reserves dropped $665 million to $85.003 billion during the week. The special drawing rights (SDRs) fell $46 million to $18.736 billion, while India\u2019s reserve position with the IMF was down $23 million at $4.731 billion, the data showed.Meanwhile, India\u2019s economy grew 7.8% in April-June, the fastest in five quarters, driven by a sharp rebound in agriculture and steady manufacturing, government data showed. The farm sector expanded 3.7% compared with 1.5% a year earlier, while manufacturing edged up to 7.7% from 7.6%. With China posting 5.2% growth in the same period, India held its position as the world\u2019s fastest-growing major economy. T<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s foreign exchange reserves fell by $4.386 billion to $690.72 billion in the week ended August 22, the&hellip;\n","protected":false},"author":2,"featured_media":34393,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[26761,79,18,26760,26758,19,19887,17,188,26759],"class_list":{"0":"post-34392","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-agriculture-sector-growth","9":"tag-business","10":"tag-eire","11":"tag-foreign-exchange-market","12":"tag-forex-reserves","13":"tag-ie","14":"tag-india-economic-growth","15":"tag-ireland","16":"tag-markets","17":"tag-reserve-bank-of-india"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/34392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=34392"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/34392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/34393"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=34392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=34392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=34392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}