Categories: Business

Forex reserves fall $7.5 billion to $681.4 billion as gold, foreign currency assets decline

India’s foreign exchange reserves dropped by $7.511 billion to $681.384 billion in the week ending May 22, marking a second consecutive weekly decline. This decrease follows a significant fall in the previous week, with the reserves now under pressure due to the Middle East conflict and RBI’s currency market interventions.

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2 months ago

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