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India Forex Reserve : विदेशी मुद्रा भंडार में बड़ी गिरावट, खजाने से 8 अरब डॉलर गायब! | BIZ Tak

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India’s foreign exchange (forex) reserves fell sharply by $8.09 billion to $688.89 billion in the week ended May 15, according to data released by the Reserve Bank of India on Friday. The decline comes after the country’s forex kitty had risen by $6.29 billion to $696.99 billion in the previous reporting week ended May 8. India’s reserves had touched an all-time high of $728.49 billion in the week ended February 27 this year. However, reserves have witnessed sustained pressure since the outbreak of the Middle East conflict, which triggered volatility in global markets and weighed on the rupee. The RBI has been intervening in the currency market through dollar sales to curb excessive depreciation in the domestic currency. Watch this video for complete details.

India Forex Reserve : विदेशी मुद्रा भंडार में बड़ी गिरावट, खजाने से 8 अरब डॉलर गायब! | BIZ Tak

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