Mumbai: India’s foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the value of rupee. According to the RBI’s weekly statistical supplement, the foreign currency […]
Mumbai: India’s foreign exchange (forex) reserves rose by $2.229 billion to $634.965 billion for the week ended January 14, 2022, the Reserve Bank of India (RBI) data showed. The forex reserves had declined by $878 million in the previous week. According to the RBI’s Weekly Statistical Supplement, all categories of the forex reserves increased during the […]
