India's foreign exchange reserves saw another dip. Reserves fell by $7.51 billion to $681.38 billion in the week ending May 22. This follows a sharp decline the previous week. Foreign currency assets and gold holdings were the main contributors to the decrease. The Reserve Bank of India monitors the market closely.

The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems…

India's foreign exchange reserves saw another dip. Reserves fell by $7.51 billion to $681.38 billion in the week ending May 22. This follows a sharp decline the previous week.…