India's forex reserves fall below $550 bn for first time since 2020 I key details -

India's forex reserves fall below $550 bn for first time since 2020 I key details

Uploaded by Jessica Fleetwood on September 24, 2022 at 8:10 am

India’s foreign exchange reserves dipped to a nearly two-year low after it fell by $5.22 billion on the week ending September 16. According to RBI data, Indian forex now stands at $545.652 bn. This is the lowest level since October 2, 2020. Experts blame RBI’s intervention in the currency market behind the fall in forex. Watch this video to know more.

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