09-05-2022 03:54 PM | Source: IANS
India's foreign exchange reserves fell by $3 bn in last week of August
India's foreign exchange or forex reserves fell by $3 billion in the last week of August.
According to the Reserve Bank of India's (RBI) weekly supplementary data, the country's foreign exchange reserves fell by $3 billion to $561.046 billion in the week ending August 26, compared to $564.053 billion in the previous week.
This is the fourth straight week when foreign exchange reserves have continued with their declining trend.
India's forex reserves have fallen by more than $70 billion since the outbreak of the Ukraine-Russia war in February.
Also they have slid by more than $80 billion since October 2021.
Latest News
J&K: Udhampur wildlife authorities makes arrangement...
Sagarika Ghatge, Zaheer Khan attend brand collab eve...
Daily market commentary : Nifty traded firmly for th...
Allcargo Terminals Q4FY24 Earnings- CFS Volumes Surg...
Record SIPs and AUM Surge : Mutual Funds Bullish on ...
Daily Market Outlook from Vinod Nair, Head of Resear...
Quote on FPI By Dr. V K Vijayakumar ,Geojit Financia...
Quote on FPI from MojoPMS and Waterfield Advisors
Gurugram real estate booms with unprecedented growth...
Perspective on markets by Mr. Jaykrishna Gandhi, Hea...