UAE- India's foreign exchange reserves plunges by over $6 billion
(MENAFN - Khaleej Times) Indias foreign exchange reserves declined by $6.240 billion during the week ended February 5. According to the Reserve Bank of Indias (RBI) weekly statistical supplement, the reserves increased to $583.945 billion from $590.185 billion reported for the week ended January 29. Indias forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the countrys reserve position with the International Monetary Fund (IMF). On a we...
Source: menafn.com