Forex Reserves Dive By $7.5 Billion As RBI Uses War Chest To Help Rupee
India's forex reserves fell by $7.5 billion as the Reserve Bank of India is using its war chest to limit the sharp decline and 'jerky movements' in the rupee.
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India's forex reserves fell by $7.5 billion as the Reserve Bank of India is using its war chest to limit the sharp decline and 'jerky movements' in the rupee.
India's foreign exchange reserves rose over $2 billion in the week ending June 24 after falling for three weeks in a row
After rising for two consecutive weeks, the country's foreign exchange reserves declined by $306 million to $601.057 billion in the week ended June 3
Country's foreign exchanges reserves went up to $632.952 billion for the week ending February 18, owing to a rise in the value of gold reserves
India's foreign exchange reserves rose by $2.198 billion to $631.953 billion in the week ending February 4