![]() The Hindu |
RBI Adviser: Use Forex Reserves to Support Rupee
Wall Street Journal The RBI's frequent dollar sales have been eating into India's forex reserves, which fell to $ 288.26 billion as of May 25 from $ 306.78 billion in early December. To support the rupee, the RBI also imposed restrictions on forward currency trades and … India's forex reserves fall to $ 285.86 bln – RBI Forex reserves plunge to $ 285.85 b India Forex Reserves $ 285.857 Billion on June 1; Down $ 2.402 Billion on Week |