India's foreign exchange reserves decreased by $3.7 billion to $701.18 billion as of October 4, according to the Reserve Bank of India. The RBI intervenes in the forex market to manage liquidity and prevent excessive rupee depreciation, ensuring orderly market conditions without aiming for specific exchange rate targets. Read The Rest at :
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.