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

Download our app on Play Store

Rs 6,695-Crore Mumbai-Pune Expressway Missing Link Route's Retaining Wall Damaged in Monsoon-Triggered Landslide Just Two Months After Inauguration

Ram Mandir Donation Row LIVE Updates: Temple Trust Accepts Champat Rai's Resignation, Bajrang Bagra Named New General Secretary

Against All Odds: Delhi Tea Seller’s Daughter Becomes CA After a Decade of Hardwork and Determination

England Cruises Into the Quarter-Finals After a Hard Fought Contest Against Mexico

Ram Janmabhoomi Trust Denies Theft of ₹5-Crore Gold-Plated Ramcharitmanas Gifted to Ram Temple; Ex-IAS Officer's Account Still Raises Questions