India’s foreign currency reserves fell to a 10-month low as rupee pressure mounted – Trendy Blogger

India’s foreign currency reserves fell to a 10-month low as rupee pressure mounted

 – Trendy Blogger

Mumbai: India’s foreign exchange reserves fell for the fifth straight week to a 10-month low of $634.59 billion as of January 3, data from the Reserve Bank of India (RBI) showed on Friday. Reserves decreased by $5.7 billion in the aforementioned week, after declining by a cumulative amount of $17.8 billion in the previous three … Read more