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Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee

India's foreign exchange reserves slumped by over $2 billion in the week ending August 12, as the Reserve Bank of India intervened to shore up the rupee and keep the currency below 80 per dollar.

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Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee Reviewed by placements page on August 20, 2022 Rating: 5

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