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Reserve Bank of India, forex
India's forex reserves decline for sixth week to its lowest in nearly 3 months
India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India (RBI) showed on Friday.
India's forex reserves fall to USD 675.653 billion as of November 8, says RBI
The fall is attributed to a dip in foreign currency assets, which form the largest component of the reserves. These assets saw a reduction in valuation as the dollar strengthened against major global currencies.
India's forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak
India's forex reserves down $29 billion from peak, falls for sixth straight week to hit 3-month low of $675.6 billion
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 reserves are down $29.2 billion from the record-high of $704.89 billion hit
India’s Forex Reserves Dip by $6.47 Billion, Now At $675.65 Billion: RBI
India's forex reserves fell by $6.477 billion to $675.653 billion for the week ending November 8, 2024, marking a continued decline from its September peak of $704.885 billion. The drop includes decreases in foreign currency assets,
India's foreign exchange reserves drop by $6.4 Billion
India's foreign exchange reserves have dipped to $675.65 billion, a decrease of $6.4 billion, as announced by the Reserve Bank of India. Despite this recent decline, India maintains its position as the fourth largest holder of foreign exchange reserves globally,
India's forex reserves fall to $675.65 billion, down $6.4 billion as of Nov 8
India's foreign exchange reserves experienced a decrease of $6.4 billion, settling at $675.65 billion by November 8th. The decline was primarily attributed to a drop in Foreign Currency Assets, while gold reserves saw an increase.
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