India’s forex reserves fall to $562.81 billion from $563.49 billion https://ift.tt/nIQ6kYg the start of 2022, the overall forex reserves were at $633.61 billion and dropped to a two-year low in October. Much of the decline can be attributed to RBI's intervention and a rise in the cost of imported goods. It is still down sharply from a peak of over $642 billion touched in September last year.
Friday, December 30, 2022
India’s forex reserves fall to $562.81 billion from $563.49 billion | Economic Times
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