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 

Pakistan’s Birth Defect: How a State Built on Islamist Supremacy Became the World’s Most Enduring Incubator of Jihadism

SIR Drive in West Bengal Sees Upsurge; EC Officials Direct BLOs to Take Immediate Measures to Remove Dead, Ineligible Voters from Electoral Rolls

President Putin Departs From Delhi; S. Jaishankar Sees Him Off as India–Russia Summit Concludes

Centre Flags 7.3% Mental Health Disorder Rate in 13–17 Age Group, Expands Tele-MANAS Support

Delhi’s Toxic Air Is Now Affecting Mental Health Too, Say Doctors