India's forex reserves decline for fifth week, possibly due to RBI selling
India's foreign exchange reserves have decreased for the fifth consecutive week, now standing at $682.130 billion. This decline follows a record high last month, attributed to the Reserve Bank of India's intervention to stabilize the Rupee. Despite the recent dip, India boasts substantial reserves, enough to cover approximately one year of imports.
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India's foreign exchange reserves have decreased for the fifth consecutive week, now standing at $682.130 billion. This decline follows a record high last month, attributed to the Reserve Bank of India's intervention to stabilize the Rupee. Despite the recent dip, India boasts substantial reserves, enough to cover approximately one year of imports. 
