Section

India's forex kitty falls $2.6 billion to $682 billion as of November 1

By Economic Times - 6 days ago
India's forex reserves decreased by $2.6 billion to $682.1 billion for the week ending November 1, as the Reserve Bank of India likely intervened to support the weakening rupee. The rupee fell slightly against the dollar, closing at 84.07, after hitting a record low during the week. Outflows from Indian stocks and bonds contributed to the pressure on the currency.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.