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Second Consecutive Weekly Decline: Forex Reserves Plummet by $3 Billion to $603.87 Billion

MUMBAI: India’s forex reserves dropped by $3.165 billion to $603.87 billion for the week ended July 28, the RBI said on Friday. This is the second consecutive weekly drop in …

88% of Rs 2,000 notes returned to banks, reveals RBI

by Craig Fedirighi

MUMBAI: The Reserve Bank on Tuesday said 88 per cent of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking system after it announced …

India’s foreign exchange reserves decline by $1.98 billion to $607.03 billion

by Craig Fedirighi

MUMBAI: India’s forex reserves dropped by $1.987 billion to $607.035 billion for the week ended July 21, the Reserve Bank has said. The overall reserves had increased by $12.743 billion …