India's forex reserves fell by $330 million during the period under review. (File Photo/IANS)

 

India's forex reserves

Economy

India's forex reserves fall to 3-month low

India's forex reserves fell to a three-month low of $560.94 billion during the week ending February 24.

Author : NewsGram Desk

India's forex reserves fell to a three-month low of $560.94 billion during the week ending February 24.

According to RBI's weekly forex data released on Friday, this was the fourth straight week when the country's foreign exchange reserves fell.

The reserves fell by $330 million during the period under review.

The RBI normally intervenes to prevent fluctuations in the rupee's exchange rate against the dollar in the spot and forwards markets. (KB/IANS)

Subscribe to our channels on YouTube and WhatsApp 

Hollywood Actor Mark Ruffalo Hits Out at Trump at the 83rd Golden Globe Awards, Calling Him the ‘Worst Human Being’

School-Based Behavioural Programmes Cut Junk Food Intake by Over 1,000 Calories a Day Among Indian Adolescents Says Study

AIIMS Bhopal Performs Complex Heart Surgery, Saves 30-Year-Old with Multiple Cardiac Clots

Iran Announces First Legal Execution in Nationwide Anti-Khamenei Protest: 26-Year-Old Erfan Soltani to Be Hanged to Death as Unrest Intensifies

AIIMS Raipur Becomes Central India’s Robotic Surgery Hub, Completes 100 Procedures