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

The Story of Bhibha Chowdhuri: How the Indian Physicist Discovered 'Pi Meson' Seven Years Before a British Scientist Got the Nobel Prize for It

US Ambassador Sergio Gor Recalls When Trump Forgot About the Only Request from PM Modi's MEA: No Questions from Press

What is Komagata Maru Incidence?

₹99-Lakh Cucumber Subsidy Fallout: Govt Cuts Farmers’ Welfare Schemes for Ministers and Their Families After Report Exposed Agriculture Minister Availing Benefits for Own Farms

Internet Erupts Over Kriti Sanon Tying Rakhi to a Dog in a "Modern" Outfit: GIVA Raksha Bandhan Ad Slammed for “Mocking Hindu Traditions”