Mumbai - Declining for the second straight week, India’s forex reserves dropped USD 10.746 billion to USD 690.43 billion for the week ended October 11 in one of the largest decreases in the kitty in recent times, the RBI said.
In the previous reporting week, the reserves had dropped by USD 3.709 billion to USD 701.176 billion.
At the end of September, the reserves had hit an all-time high of USD 704.885 billion.
The Special Drawing Rights (SDRs) were down by USD 86 million to . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
