India's forex reserves fall to $640.28 bn, down by $4.1 bn

India's forex reserves decline for third consecutive month, 12th slump in past 13 weeks
India's forex reserves decline for the twelfth time in 13 weeks, falling by $4.112 billion to $640.279 billion. The Reserve Bank of India's intervention in the currency market to stabilize the Rupee has contributed to this consistent drop,
India's forex reserves extend decline, stand at 10% below peak
India's forex reserves decline, hitting multi-month low, due to RBI intervention to prevent Rupee depreciation.
India's forex reserves drop by $ 4.112 billion to $640.279 billion in December, says RBI
Last week, the country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.
India's Forex Reserves Continue To Fall, Kitty Now Stands 10 Per Cent Below Peak
The RBI closely monitors foreign exchange markets, intervening only to maintain orderly market conditions and curb excessive volatility in the Rupee exchange rate, without adhering to any fixed target level or range.
India's FX reserves drop to eight-month low amid rupee pressure
India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of Dec. 27, data from the Reserve Bank of India showed on Friday.
Bharat Progress Report 2024: India’s Forex Reserves Hit An All Time High Of $704 Billion In September 2024
India’s forex reserves reached an unprecedented milestone in 2024, surging by $12.6 billion to cross the $700 billion mark for the first time. This marks the culmination of a steady climb over seven consecutive weeks, as per data released by the Reserve Bank of India (RBI).
India's forex reserves decline by $8.48 billion to $644.39 billion
India's foreign exchange reserves dropped by $8.478 billion to $644.391 billion for the week ending December 20, marking a continued decline. The redu
Slump in India's forex reserves continue declined $8.5 billion
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the Rupee. A substantial foreign exchange reserve buffer also helps shield domestic economic activity from global shocks.
India’s forex reserves continue to fall, kitty now stands 10% below peak
India’s foreign exchange reserves continue to decline, extending downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty declined by USD 4.112 billion to USD 640.
India’s foreign exchange reserves drop to eight-month low amid rupee pressure
Concerns about India's slowing growth and widened trade deficit have hurt the rupee, alongside broad-based dollar's strength amid a hawkish shift in the US Federal Reserve's policy outlook and expectations surrounding the country's President-elect Donald Trump's policies.
India's Forex Reserves Hit 8-Month Low, Fall $4.11 Billion to $640.27 Billion
India's forex reserves fell by another $4.112 billion during the week ended December 27, 2024, as the Reserve Bank of India sold $4.641 billion to help reduce volatility in the rupee.
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