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Forex reserves drop by $1.5 b
Mumbai: The country’s foreign exchange reserves fell by $1.5 billion to $252.326 billion for the week ended March 27, according to data released in the Reserve Bank of India’s weekly statistical supplement.
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For the week ended March 20, reserves increased by $5.102 billion to $253.826 billion.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or…
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