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Forex reserves decline for second month
The New Indian Express Bengaluru
|December 21, 2024
THE foreign exchange reserves continued the downward trajectory for the second month.
Forex reserves lost nearly $2 billion to an six-month low of $652.87 billion in the reporting week ending December 13 as the Reserve Bank continued to sell dollars to defend the rupee, which was on a losing streak since October and had hit then lowest of closing
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