India’s forex reserves drop for sixth week by USD 6.477 billion
The forex reserves had dropped by $2.675 billion to $682.13 billion in the previous reporting week.
The forex reserves had dropped by $2.675 billion to $682.13 billion in the previous reporting week.
India's foreign exchange reserves fell by $3.007 billion to $561.046 billion in the week ending August 26, according to the latest data released by the Reserve Bank of India (RBI).
The value of the country's gold reserves decreased, declining by $580 million to $37.440 billion.
In the previous week, the reserves had risen by $2.52 billion to $454.948 billion.
On 16 August, a day after the stirring speech of the Prime Minister from the ramparts of the Red Fort…
