India's forex reserves tumble nearly $10 billion as gold holdings see sharp drop
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
India's foreign exchange reserves saw a significant dip of nearly $10 billion, reaching $671.625 billion in the week ending June 12. This sharp decline was primarily driven by a substantial drop in gold reserves, despite a modest increase in foreign currency assets. Other components like Special Drawing Rights and the IMF reserve position also registered slight decreases. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
