<span style="color: #222222;">The Minister of State for Finance, Pankaj Chaudhary today informed the Lok Sabha that the country's Foreign Exchange Reserve (FER) position is currently comfortable. In a written reply, he said it is being closely monitored by the government and the Reserve Bank of India (RBI) in the context of the emerging geo-political situation to ensure stability in India's external sector.<br />''<br />''Mr Chaudhary said the country's FER stood at over 635 billion dollar as on 30th September last year have declined to around 620 billion dollar on 18th of last month. He said the change in the FER is due to the revaluation of Foreign Currency Assets to reflect prevailing global market prices. It is also due to market intervention operations of RBI to smoothen exchange rate volatility.</span><br />