India's Foreign Exchange Reserves Decline After Reaching Record High

India's foreign money reserves dropped by $6.7 billion. This happened after they reached a high point. The Reserve Bank of India manages this money.

#IndiaEconomy, #ForexReserves, #RBI, #GoldPrices, #MoneyManagement

https://newsletter.tf/india-money-reserves-fall-6-7b/

India's foreign exchange reserves have gone down by $6.7 billion, now standing at $717.1 billion. This drop happened after the reserves reached a record high last week. The Reserve Bank of India manages these important funds.

#IndiaEconomy, #ForexReserves, #RBI, #GoldPrices, #MoneyManagement

https://newsletter.tf/india-money-reserves-fall-6-7b/

India's forex reserves have fallen by $70.3 billion in just 14 weeks.

How does the ongoing depletion in India’s foreign reserves compare to the past? How significant is the current erosion in the larger macroeconomic context? Today's Number Theory explores these in detail.

Read on HT app: https://www.hindustantimes.com/editors-pick/number-theory-70-billion-of-reserves-gone-in-14-weeks-101736825216408.html

If you don't have the app or is on PC, read the e-paper edition: https://epaper.hindustantimes.com/Home/ShareImage?Pictureid=14199ef7124

#MastIndia #India #RBI #ForexReserves #Economy #IndianEconomy @mastodonindians