India's forex reserves slump by $2.67 billion; 10th weekly fall

Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.

This is the 10th weekly drop in the country's foreign exchange reserves. During the week ended on May 6, the forex reserves had dipped by $1.77 billion.

This is the lowest level of India's forex reserves in a y