The country’s foreign exchange reserves decreased by $720.3 million to $292.646 billion for the week ending April 5, as per Reserve Bank of India data. In the previous reporting week, the reserves rose by $1.05 billion to $293.37 billion. During this week, foreign currency assets, a major component of forex reserves, dropped by $ 689.4 million to $259.725 billion. Gold reserves remained unchanged at $26.292 billion.
Forex reserves drop by $720 m
Mumbai, April 5:
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