Representational file image. | Photo Credit: Reuters India’s foreign exchange reserves dropped $325 million to $560.942 billion as of February 24, making it the fourth consecutive week of decline in the kitty, the Reserve Bank of India said on March 3. In the previous reporting week, the overall reserves had declined $5.68 billion to $561.267 […]
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While the fall of the rupee has been relatively moderate, the pace at which India’s foreign exchange reserves are dwindling is a cause for concern While the fall of the rupee has been relatively moderate, the pace at which India’s foreign exchange reserves are dwindling is a cause for concern The rupee’s weakening exchange rate […]
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The drop in the reserves during the week ended August 19 was due to a fall in the Foreign Currency Assets (FCA) and the gold reserves The drop in the reserves during the week ended August 19 was due to a fall in the Foreign Currency Assets (FCA) and the gold reserves The country’s foreign […]
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