Tag: forex reserve

India’s forex reserves fall to over 3-month low of $560 billion

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[ad_1] Image for representation. | Photo Credit: Reuters India’s foreign exchange reserves fell to $560 billion as of the week ended March 10, lowest since early-December, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday. The reserves stood at $562.40 billion in the week to March 3. The central bank intervenes in the […]

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India has fairly large forex reserve to deal with current situation: Economic Affairs Secretary

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[ad_1] Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Economic Affairs Secretary Ajay Seth on Tuesday dismissed the concerns over the depletion of forex reserve as “overblown” and said […]

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