Forex reserves drop 1st time in 8 weeks

India's foreign exchange reserves dropped to $643.2 billion from 648.6 billion due to RBI selling dollars amid geopolitical tensions and US interest rate signals. The domestic currency closed at 83.47, depreciating by 0.1% against the dollar.

Apr 20, 2024 - 05:30
 0
Forex reserves drop 1st time in 8 weeks
India's foreign exchange reserves dropped to $643.2 billion from 648.6 billion due to RBI selling dollars amid geopolitical tensions and US interest rate signals. The domestic currency closed at 83.47, depreciating by 0.1% against the dollar.

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