India’s foreign exchange reserves fall by nearly $10 billion to about $671 billion, according to recent Reserve Bank of India (RBI) data cited by multiple outlets. Scroll.in reports the reserves decline by close to $10 billion to $671 billion, with the fall translating to a rupee decrease of about Rs 82,100 crore. NDTV reports a more precise figure of $671.62 billion and says the decline is $9.98 billion. NDTV also notes that in the previous reporting week, total reserves had dropped by $711 million to $681.610 billion, indicating a continuing downward trend across the reporting period. The sources present the change in overall reserves, including foreign currency assets and other reserve components reflected in RBI’s weekly update. Both reports attribute the figures to RBI’s latest weekly balance of payments-related reserve statement and describe the movement as a week-on-week decline. No source provides reasons for the decrease in the excerpts provided.
India’s foreign exchange reserves drop by about $10 billion to around $671 billion
India’s foreign exchange reserves fall by nearly $10 billion to about $671 billion, according to recent Reserve Bank of India (RBI) data cited by multiple outlets. Scroll.in reports the reserves decli...
- India’s foreign exchange reserves decline by about $10 billion to around $671 billion, based on RBI data.
- The latest reported level is $671.62 billion, according to NDTV.
- Scroll.in reports the reserves drop to about $671 billion and equates this to a rupee fall of about Rs 82,100 crore.
- NDTV says reserves fell $711 million in the previous reporting week to $681.610 billion.
- Both sources cite RBI’s weekly reporting for the reserve figures.
In rupee terms, the decline amounts to Rs 82,100 crore.
9 hours agoIn the previous reporting week, the overall reserves had dropped $711 million to $681.610 billion.
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