India reminds world about challenges posed by climate change
India has reminded the global community how the impact of climate change has increasingly become evident in the form of one disaster or another.
India’s foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 — its biggest weekly fall in 11 months.
According to data released by RBI on Friday, the reserves are at their lowest level since January 6, 2023.
The fall for the second straight week was mainly due to a decline in the foreign currency assets, which dropped $7.1 billion to $500.59 billion.
Advertisement
In the week ended February 10, the rupee lost 0.8 per cent to close at 82.51 per dollar as US jobs data sparked worries of the Federal Reserve raising interest rates for longer than was earlier anticipated.
Advertisement
