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New Delhi: India’s foreign exchange reserves rose by $1.49 billion to $695.11 billion for the week ended August 15, data released by the RBI on Friday showed. The increase comes on the back of a $4.75 billion surge to $693.62 billion during the preceding week ended August 8, reflecting the stable external balance position of…
New Delhi: India’s foreign exchange reserves continue to decline, extending their slump for about four months now. The country’s forex reserves have fallen in 15 of the past 16 weeks, hitting an 11-month low. In the week ending January 17, India’s foreign exchange reserves declined by USD 1.88 billion to USD 623.983 billion, according to…
New Delhi: India’s foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released by the Reserve Bank of India (RBI) on Friday. Last week, the forex stood at USD 689.458 billion. The Forex kitty has seen…