India's foreign exchange reserves continue to fall, kitty now over 10 per cent below its peak
New Delhi [India], January 26 (ANI): India's foreign exchange reserves continue to decline, extending their slump for about four months now. The country's forex reserves have fallen in 15 of the past 16 weeks, hitting an 11-month low.
In the week ending January 17, India's foreign exchange reserves declined by USD 1.88 billion to USD 623.983 billion, according to the latest data from the Reserve Bank of India (RBI).
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