Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold
[ad_1] India’s foreign exchange reserves fell by $9.322 billion to $688.871 billion for the week ended August 1, marking one of the steepest weekly declines in recent months, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, reserves had risen by $2.703 billion to touch $698.192 billion,…