India's forex reserves declined by $2.16 bn to $584.24 bn
For the week ended April 21, the foreign currency assets, a major component of the reserves, declined by $2.146 billion to $514.489 billion
Source: livemint.com
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India's forex kitty declines by USD 2.16 billion to USD 584.24 billion
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
Forex kitty declines by $2.16 billion to $584.25 billion
India's forex reserves dropped by $2.164 billion to $584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by $1.657 billion to $586.412 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.
Source: rediff.com
India's forex kitty declines by $2.16 billion to $584.24 billion
For the week ended April 21, the foreign currency assets, a major component of the reserves, decreased by USD 2.146 billion to USD 514.489 billion, according to the Weekly Statistical Supplement released by the RBI.
Source: businesstoday.in
Forex - India's forex reserves see decline of USD 2.16 billion to USD 584.24 billion
The drop comes as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments
Source: telegraphindia.com