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India's forex reserves fall to $640.27 bn, down by $4.1 bn
India's forex reserves fall to $640.28 bn, down by $4.1 bn as of Dec 27
India's foreign exchange reserves dipped by $4.1 billion to $640.28 billion as of December 27, 2024. The significant drop was largely due to a $4.6 billion reduction in Foreign Currency Assets. Despite this,
India's forex reserves drop by $ 4.112 billion to $640.279 billion in December, says RBI
Last week, the country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.
India's FX reserves drop to eight-month low amid rupee pressure
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of Dec. 27, data from the Reserve Bank of India showed on Friday.
Forex reserves drop by $4.11 billion to $640.27 billion: RBI
India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by USD 8.478 billion to USD 644.391 billion.
India's Forex Reserves Decline by $1.98 Billion, Continue Downward Trend
A deeper look into the composition of the reserves reveals that foreign currency assets (FCA)—a major component—fell by $3.047 billion during the week, standing at $562.576 billion.
India's forex reserves decline by $8.48 billion to $644.39 billion
India's foreign exchange reserves dropped by $8.478 billion to $644.391 billion for the week ending December 20, marking a continued decline. The redu
Forex reserves drop by USD 4.11 billion to USD 640.27 billion
India’s forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by USD 8.
India's forex reserves drop to eight-month low amid rupee pressure
The reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks
6h
Rupee falls to record 85.77 vs $, forex kitty at 8-month low
The rupee reached a record low of 85.77 against the dollar, driven by a weaker Chinese yuan and a stronger dollar. India's ...
NewsX
10d
Bharat Progress Report 2024: India’s Forex Reserves Hit An All Time High Of $704 Billion In September 2024
India’s forex reserves reached an unprecedented milestone in 2024, surging by $12.6 billion to cross the $700 billion mark ...
devdiscourse
12h
India's Export Surge Amidst Global Uncertainty
Commerce and Industry Minister Piyush Goyal announced that India's exports of goods and services are anticipated to surpass ...
11h
India’s foreign exchange reserves drop to eight-month low amid rupee pressure
Concerns about India's slowing growth and widened trade deficit have hurt the rupee, alongside broad-based dollar's strength ...
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