Forex reserves fall $2.06 billion after eight consecutive weeks of...

Forex reserves fall $2.06 billion after eight consecutive weeks of gains

Posté

120

India's foreign exchange reserves experienced a decrease of $2.06 billion, bringing the total down to $686.06 billion, ending an eight-week streak of gains. This decline was primarily driven by a drop in gold reserves, offsetting a slight increase in foreign currency assets. The RBI's interventions in the forex market to manage Rupee volatility likely contributed to this fluctuation.

Read Full Article

Chargement...

Connectez-vous pour aimer, partager et commenter!

Sports

'India is a winner on and off the battlefield': Harbhajan slams terrorism

Following a ceasefire agreement between India and Pakistan, brokered by the U.S., former Indian...

Par 0 0

International

Fire at chemical plant in northeastern Spain keeps thousands indoors

A chemical factory fire in northeastern Spain prompted health warnings for 150,000 residents and...

Par 0 14

National

CAN unveils squad for ICC WC League-2 series in Scotland

KATHMANDU: The Cricket Association of Nepal (CAN) has finalized and announced its 15-member squad...

Par 0 16

International

Tennessee ICE operation sparks fear as over 100 arrested under Trump deportation plan

A joint operation between US immigration and Tennessee Highway Patrol led to over 100 arrests in...

Par 0 27

Sports

'Test cricket needs Virat Kohli': Brian Lara urges Indian star not to retire

Brian Lara has voiced strong support for Virat Kohli, dismissing reports of the Indian star's...

Par 0 27