Indias foreign exchange reserves dip

25 Oct 2022 , 12:04 PM

Indias foreign exchange reserves continued the downward trajectory, dropping 4.5 billion U.S. dollars to 528.37 billion U.S. dollars for the week ending October 14, according to data released by the South Asian countrys central bank late Friday. In the previous week ending October 7, the forex reserves had improved for the first time in 10 weeks. Indias forex reserves had fallen to their lowest since July 2020, to 532.66 billion U.S. dollars for the week ending September 30. Indias Foreign Currency Assets reduced by 2.83 billion U.S. dollars to 468.67 billion U.S. dollars.Powered by Capital Market – Live News