India's forex reserves drop by $2.69 bn to $717 bn

Experts attribute this decline to the deployment of the Foreign Currency Non-Resident Bank (FCNR[B]) resources and also to currency defence put up by RBI through dollar sales

First reported by The Hindu 2 hr ago1 source

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The Hindu12:432 hr ago
India's forex reserves drop by $2.69 bn to $717 bn (opens The Hindu in a new tab)
Experts attribute this decline to the deployment of the Foreign Currency Non-Resident Bank (FCNR[B]) resources and also to currency defence put up by RBI through dollar sales

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