At the start of 2022, the overall forex reserves were at USD 633.61 billion. Barring the past five odd weeks, the forex reserves have been intermittently falling for months now largely because of RBI’s intervention in the market to defend the depreciating rupee against a surging US dollar. news.google.com
At the start of 2022, the overall forex reserves were at USD 633.61 billion. Barring the past five odd weeks, the forex reserves have been intermittently falling for months now largely because of RBI’s intervention in the market to defend the depreciating rupee against a surging US dollar.
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