New Delhi — India’s foreign exchange reserves declined by USD 2.699 billion, falling to USD 687.034 billion for the week ending November 7, according to the Reserve Bank of India’s (RBI) latest Weekly Statistical Supplement. The drop was primarily driven by a fall in foreign currency assets (FCA) and gold reserves. The forex reserves have […]
The Impressive Times
Mumbai, June 13 – The Indian rupee witnessed a sharp decline on Friday, depreciating by 48 paise to close at 86.08 against the US dollar, amid heightened geopolitical tensions and adverse market conditions. The slide was primarily attributed to a spike in global crude oil prices and a stronger US dollar, triggered by fresh Israeli strikes […]
The Impressive Times
