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 

Political Leaders Gather in Seoul as South Korea Mourns Former Prime Minister Lee Hae-chan After His Death in Vietnam

Lucknow Doctors Dr Rajendra Prasad and K.K. Thakral Honoured with Padma Shri for Contributions to Medicine

Sun Pharma, Cipla Recall Products in US Following USFDA Manufacturing Lapses

Hindutva Influencers Khushbu Pandey and Riddhi Sharma Call for Massacre of Muslims at Raebareli Hate Speech Event—FIR Filed, No Arrests

Dhurandhar Actor Nadeem Khan Arrested in Mumbai for Allegations of Rape Under Promise of Marriage