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Foreign exchange reserves decline for eighth consecutive week
The Business Guardian
|December 02, 2024
In 2023, India added around $58 billion to its foreign exchange reserves, contrasting with a cumulative decline of $71 billion in 2022.
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India's foreign exchange (forex) reserves slumped for an eighth consecutive week to hit a multi-month low of $656.582 billion in the week that ended on November 22, data from the Reserve Bank of India (RBI) showed.
The forex reserves dropped by about $1.310 billion in the reporting week. The reserves have been falling ever since they touched an all-time high of $704.89 billion in September.
यह कहानी The Business Guardian के December 02, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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