India’s Forex Reserves Drop to 8-Month Low | What’s Impacting the Rupee?

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India's Foreign Exchange Reserves | Gold Reserve | India's Foreign Exchange's Impact on Rupee | RBI News | Foreign Exchange News
India's foreign exchange reserves have continued their downward trend for the fourth consecutive week, dropping to an eight-month low of $640.28 billion as of December 27, according to the Reserve Bank of India's (RBI) latest data released on Friday. During the week ending December 27, India's forex reserves decreased by $4.112 billion, down from $644.391 billion in the previous week, which saw a larger drop of $8.478 billion. Watch!

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