India’s forex reserves declines by $878 mn to $632.7 bn

India’s forex reserves declines by $878 mn to $632.7 bn

The country’s foreign exchange reserves declined by $878 million to stand at $632.736 billion in the week ended January 7, 2022. In the previous week ended December 31, India’s reserves dropped by $1.466 billion to $633.614 billion. The decline was mainly due to a fall in gold reserves and foreign currency assets (FCA). In the reporting week, FCAs […]

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