India’s Forex Reserves drop to a new low amidst Depreciating Rupee
India’s foreign exchange reserves plummeted to $532.66 billion for the ninth straight week ending on September 30. This is the lowest level since July 24, 2020 as per Reserve Bank of India’s (RBI) weekly statistical supplement. Forex reserves of Asia’s Third largest economy fell by $4.85 billion as per data released by RBI. This decline … Read more