Foreign Exchange Reserves Decline By 5 008 Bn To 588 314 Bn RBI Data
In the previous week ended June 24, the reserves had increased by USD 2.734 billion to USD 593.323 billion, , RBI data, foreign exchange reserves
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In the previous week ended June 24, the reserves had increased by USD 2.734 billion to USD 593.323 billion, , RBI data, foreign exchange reserves
Credit card spends have climbed fast and hit a record high in May. The amount of money customers spending online through credit card was also quite high. Data released by the Reserve Bank Of India shows card spending in May reached ₹1,14,000 crore. Get more Personal Finance News and Business News on Zee Business.
Credit card spending has crossed Rs 1.13 lakh crore in May compared to Rs 1.05 lakh crore in the previous month according to official data
The data showed that consistent with the monetary and liquidity conditions, interest rates on term deposits moderated further during fiscal 2021-22.
India foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money ou