Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee - NDTV Profit

India's foreign exchange reserves slumped by over $2 billion in the week ending August 12, as the Reserve Bank of India intervened to shore up the rupee and keep the currency below 80 per dollar.

Forex reserves fall by over $2 billion, dipping for the second week in a row India's foreign exchange reserves slumped by over $2 billion in the week ending August 12, as the Reserve Bank of India i… [+3583 chars]

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