Tag: foreign exchange reserves decline
Posted in Economy
India’s forex reserves fall $18.3 bn as RBI steps in to defend rupee
Kolkata: India’s foreign exchange reserves shaved off $18.343 billion in the week to September 25, making it the third weekly drop in a row after…
Posted in Economy
RBI withdraws relaxation on export earnings repatriation
Mumbai: The Reserve Bank of India (RBI) has withdrawn a relaxation that would have allowed exporters more time to bring overseas earnings back to the…
Posted in Economy
India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar
Kolkata: India’s foreign exchange reserves declined $7.794 billion in the week ending May 1 to $690.693 billion, according to data released by Reserve Bank of…