India · English
India's Forex Reserves Shrink $13 Billion To $734.6 Billion In Fourth Straight Weekly Decline
India's foreign exchange reserves dropped $12.95 billion to $734.6 billion in the week ended Oct 2, recording their fourth consecutive weekly decline as the Reserve Bank of India (RBI) intervened to limit volatility in the rupee. The country's reserves have fallen $51.1 billion from their record high of $785.7 billion in the week ended Sept 4. Despite the decline, RBI Governor Sanjay Malhotra…
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