RBI May Need To Replenish Forex Reserves As Rupee Falls Further: Report
RBI may need to reload reserves as rupee falls further: HDFC Bank economistThe Reserve Bank of India may need to find ways to replenish its foreign exchange reserves such as…
Forex Reserves Fall Below $600 Billion; Rupee Lows Show Further Erosion
Forex reserves down by $4.599 billion to $596.458 billion, more erosion seenIndia’s foreign exchange reserves fell by about $4.6 billion in the latest reported week to below the $600 billion…
Forex Reserves Slide To $601 Billion
India’s foreign exchange reserves declined in the week ended June 3Mumbai: After rising for two consecutive weeks, the country’s foreign exchange reserves declined by $306 million to $601.057 billion in…
Rupee’s Latest Record Lows Are Ominous Signs For Nosediving Forex Reserves
The rupee’s new all-time lows are an ominous sign for India’s nosediving import coverIndia’s foreign exchange reserves have nosedived since the rupee started to hit new all-time lows in March,…