RBI’s forex reserves fall $4.8 bn to $670 bn in week ended August 9

The Reserve Bank of India’s foreign exchange reserves decreased by $4.8 billion, reaching $670.12 billion in the week ending August 9, driven by a decline in foreign currency assets. The rupee weakened against the US dollar, closing at 83.95. The RBI’s gold reserves also fell by $860 million during the same period.
Read The Rest at :