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India's foreign exchange reserves saw a significant decline. Reserves fell by over USD 10 billion in the week ending March 27. This drop follows a previous decrease and comes after reserves reached an all-time high in…
India's foreign exchange reserves saw a significant decline. Reserves fell by over USD 10 billion in the week ending March 27. This drop follows a previous decrease and comes after reserves reached an all-time high in February. The Reserve Bank of India has been actively managing the market. Foreign currency assets and gold reserves contributed to the overall reduction.
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