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RBI: Foreign currency assets decline $19 billion in 3 months

RBI: Foreign currency assets decline $19 billion in 3 months

MUMBAI: India’s foreign currency assets fell by around $19 billion since April this year in the wake of capital outflows and intervention by the Reserve Bank of India to arrest the decline in the rupee’s value against the dollar. During the week ended June 29, foreign currency assets, a major component of the overall reserves, […]