Forex reserves fall to $580.3 billion - Economic Times

The RBI announced steps to attract capital inflows on July 6, but the measures would take time to foreign currency demand-supply imbalance, economists said. The central bank on July 11 allowed the use of rupee for settlement of trade flows which is primarily …

Indias foreign exchange reserves got depleted by another $8 billion in the week ended July 8, as foreign portfolio investors continued withdrawing their investments from local equities. The change in… [+1035 chars]

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