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Tag: reserves

Forex reserves + Rupee

Forex reserves + Rupee

March 24, 2024March 24, 2024 · Banking

The Reserve Bank of India’s move to absorb most of the Dollar (USD) flows in a bid to prevent a sharp appreciation of the Rupee (INR) has led…

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Forex reserves drop .847 billion to 4.52 billion

Forex reserves drop $3.847 billion to $524.52 billion

October 28, 2022October 28, 2022 · Business

 India’s forex reserves dropped by $3.847 billion to $524.52 billion for the week ended October 21, the RBI said on Friday. The overall reserves had dropped by $4.50…

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