India’s foreign exchange dip lower by $160 mn
The Reserve Bank of India's forex reserves decreased to $635.667 billion from $635.828 billion during the week ended December 10.
The Reserve Bank of India's forex reserves decreased to $635.667 billion from $635.828 billion during the week ended December 10.
India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and India's position with the International Monetary Fund (IMF).
The country’s forex reserves surged by $2.604 billion to reach an all-time high of $400.726 billion in the week ended…