Forex reserves drop to eight-month low
Financial Express Lucknow|January 04, 2025
The reserves fell by $4.1 bn in the week ended Dec 27, after falling by a cumulative $13.7 bn in the prior three weeks
REUTERS

INDIA'S FOREIGN EXCHANGE reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of December 27, data from the Reserve Bank of India showed on Friday.

The reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks.

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