India's forex reserves drop by $3 billion to $561 billion

Mumbai (Maharashtra) [India], September 3 (ANI): India's foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a slump in foreign currency assets, the Reserve Bank of India (RBI) data showed.

This is the fourth weekly fall in the country's forex reserves. India's forex reserves had slumped by $6.687 billion in the week ended August 19. The country's foreign ex