India's foreign exchange reserves fell to $681.4 billion in the week ended May 22, from $688.89 billion a week earlier

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.…

India's foreign exchange reserves fell by $7.511 billion to $681.384 billion in the week ended May 22, extending their decline for a second consecutive week, according to data…

India’s forex reserves dropped USD 7.51 billion to USD 681.38 billion, led by declines in foreign currency assets and gold reserves, RBI data showed.

India's forex reserves fell by $7.5 billion to $681.38 billion, with gold reserves also declining, reports RBI.

The rupee fell to a record low of 96.96 on May 20. The fall in reserves also comes amid revaluation in gold reserves. Gold reserves fell by $4.5 billion to $114.7 billion, while…

India's foreign exchange reserves fell to $681.4 billion in the week ended May 22, from $688.89 billion a week earlier

RBI likely sold $12 billion in gold reserves to protect foreign assets amidst rising pressures from oil prices and capital outflows.