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Forex reserves dip by $2.4 billion in 3rd straight week of decline
short by Mansi Agarwal / on Friday, 3 May, 2024
India's foreign exchange reserves fell by $2.41 billion to $637.922 billion as of April 26, the latest RBI data showed. This was the third straight week in which forex reserves declined. The reserves had dipped to $640.334 billion in the previous reporting week. They had touched an all-time high of $648.56 billion in the week ended April 5.
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