Forex reserves of India decline $1.774 billion to $ 595.954 billion
Sat, May 14, 2022 2:17 PM

Forex reserves of India decline $1.774 billion to $ 595.954 billion

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According to RBI data, the foreign exchange reserve of India fell by $1.77 billion to $595.95 billion for the week ended May 6. This is due to a drop in the country's foreign currency assets. The overall reserves had plunged by USD 2.695 billion to USD 597.728 billion, declining below the USD 600 billion mark in the previous reporting week.

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