Economic TimesLean R·
Forex reserves drop $711 mn to $681.610 bn
India's forex reserves dropped $711 million to $681.610 billion during the week ending June 5 due to a sharp decline in foreign currency reserves, according to the latest data released by Reserve Bank of India (RBI).The decline follows an increase of $938 million in the previous reporting week, when the forex reserves had risen to $682.321 billion.Also read: Banks court wealthy Indian diaspora in $50 billion deposit driveFor the week ended June 5, foreign currency assets, that form a major comp…
Read at Economic Times →
