India  

India's Forex Reserves Dip By $2.83 Billion To $640.3 Billion

Zee News Friday, 26 April 2024 ()
Market analysts attribute the decline in foreign currency assets to the RBI actively releasing dollars in the market to curb the volatility in the rupee.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Forex kitty jumps $2.98 billion to new high of $648.562 billion

India's forex reserves rose to $648.562 billion, with a $2.98 billion increase. The RBI defended the rupee, leading to a steady accretion in reserves. September...
IndiaTimes

Why is RBI buying gold? Reserve Bank of India purchases nearly 13.3 tonnes of gold in Jan-Feb 2024

The RBI has increased gold purchases to diversify reserves, with gold value contributing to a $3 billion rise in forex reserves to $648.5 billion. RBI acquired...
IndiaTimes

India forex reserves rise for seventh week to reach fresh peak

India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per...
IndiaTimes