Forex watch: India’s reserves fall  billion to 7.93 billion this week; gold and SDR values decline – Times of India

Forex watch: India’s reserves fall $1 billion to $697.93 billion this week; gold and SDR values decline – Times of India

India’s foreign exchange reserves slipped by $1.01 billion to $697.93 billion in the week ended June 20, according to the Reserve Bank of India (RBI)’s latest data released on Friday.The decline reverses the previous week’s trend, when reserves had jumped by $2.29 billion to reach $698.95 billion. India’s reserves had hit an all-time high of…

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