Tag: Forex reserves decline
Indian Rupee Hits Record Low Against US Dollar, Forex Reserves Drop – Times of...
The Indian Rupee has hit a record low against the US Dollar, closing at 85.77 on Friday, marking its ninth consecutive week of losses. This decline is attributed to the weakening of the Chinese...
Forex Reserve Decreases to $640.27 Billion: Latest Update – Times of India
India's Foreign Exchange Reserves Drop to $640.27 Billion: A Closer LookIn a recent update from the Reserve Bank of India (RBI) on Friday, it was reported that India's foreign exchange reserves took a significant...
India’s Foreign Exchange Reserves Drop by $4.89 Billion: Gold, SDRs, IMF Holdings Decrease
India's foreign exchange reserves took a hit, dropping by a whopping $4.888 billion to $685.729 billion in the week ending May 16, as per the Reserve Bank of India. The overall reserves saw a...