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India's forex reserves drop USD 711 mn to USD 681.610 bn: RBI data

Mumbai, Jun 12 (PTI) India’s forex reserves dropped USD 711 million to USD 681.610 billion during the week ended June 5 due to a sharp decline in foreign currency reserves, the RBI said on Friday. In the previous reporting week, the overall reserves had jumped USD 938 million to USD 682.321 billion. For the week […]

Raccontata daeconomictimes.indiatimes.comtimesofindia.indiatimes.comtheprint.in

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3 prospettive sulla stessa storia
AI · summaries
theprint.inStai leggendo4 g fa

India's forex reserves drop USD 711 mn to USD 681.610 bn: RBI data

India's forex reserves fell USD 711 million to USD 681.610 billion; foreign currency assets dropped USD 2.704 billion (week ended June 5). Rupee weakness signals higher outsourcing costs for tech teams and impacts nearshore vs. offshore vendor negotiations.

originale
economictimes.indiatimes.com4 g fa

India's forex reserves drop $711 million to $681.610 billion, RBI data shows

India's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a significant drop in foreign currency assets, which fell by $2.704 billion.…

Leggi questa versione → originale
timesofindia.indiatimes.com4 g fa

Forex reserves slip by $711 million to $681.6 billion, fall in foreign currency assets weighs

India's forex reserves declined $711 million to $681.6 billion as foreign currency assets dropped $2.7 billion. Currency volatility threatens outsourcing economics and cross-border tech operations in India; IT managers should plan for rupee weakness and cost pressures.

Leggi questa versione → originale

Timeline cronologica

  1. venerdì 12 giugno 2026·economictimes.indiatimes.com

    India's forex reserves drop $711 million to $681.610 billion, RBI data shows

    India's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a significant drop in foreign currency…

  2. venerdì 12 giugno 2026·timesofindia.indiatimes.com

    Forex reserves slip by $711 million to $681.6 billion, fall in foreign currency assets weighs

    India's foreign exchange reserves declined by $711 million to $681.610 billion in the week ended June 5, dragged down by a sharp fall in foreign currency assets, according to data…

  3. venerdì 12 giugno 2026·theprint.in

    India's forex reserves drop USD 711 mn to USD 681.610 bn: RBI data

    Mumbai, Jun 12 (PTI) India’s forex reserves dropped USD 711 million to USD 681.610 billion during the week ended June 5 due to a sharp decline in foreign currency reserves, the…

  4. venerdì 12 giugno 2026·economictimes.indiatimes.com

    RBI pushes banks to bring more dollars home

    The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) deposits, aimed at strengthening forex…