Forex update: Reserves fall by $3 billion to $699.736 billion in...

Dununu.com Dununu

Sponsorluk

Forex update: Reserves fall by $3 billion to $699.736 billion in early July; foreign currency assets slip sharply

RSS Feed Business

Posted

75

India's foreign exchange reserves experienced a decline of $3.049 billion, reaching $699.736 billion for the week ending July 4, as per RBI data. This decrease was primarily driven by a significant drop in foreign currency assets, although gold reserves and SDRs saw increases. The reserves are crucial for managing external vulnerabilities and maintaining financial stability.

Read Full Article

Please log in to like, share and comment!

ALERT! Rishabh Pant breaks MS Dhoni's decade-long record

Rishabh Pant shines at Lord's, setting new records. He surpasses Vivian Richards for most sixes...

By 0 1

Illegal religious conversion a deep conspiracy against nation, will not be tolerated: CM Yogi

By 0 4

Excise policy protest: Maharashtra bars, permit rooms to shut on July 14; Industry body calls tax hikes 'draconian'

More than 20,000 bars in Maharashtra will shut down on July 14. The shutdown is a protest against...

By 0 6

Wimbledon Final Live: Can Anisimova upset Swiatek to win elusive crown?

By 0 14

Virat's reply to 'Where is Anushka?' goes viral

Virat Kohli's adorable hand gestures explaining Anushka Sharma's absence at a London charity...

By 0 14