India’s foreign exchange reserves declined sharply by $9.8 billion to $686.8 billion in the week ended January 2, marking the steepest weekly fall in more than a year, according to data released by the Reserve Bank of India (RBI). The sharp drop was primarily driven by a fall in foreign currency assets, which decreased by … Continue reading India’s Forex Reserves Drop $9.8 Bn, Biggest Weekly Fall in Over a Year