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Forex reserves fall by $9.32 bn to $688.87 bn
The New Indian Express Madurai
|August 09, 2025
WITH the tariff wars induced pains pressuring the rupee, the Reserve Bank on Friday said in the weekly statistical supplement that forex reserves fell by $9.32 billion to $688.87 billion in the week to August 1.
The RBI has been defending the unit by selling dollars in the market in the week to August 1. Meanwhile, the rupee, which has been under pressure for almost the whole of July and so far in August, has reversed the early
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