India's forex reserves fell by over $1 billion in the latest reported week, down for the fourth straight week on the rupee's plunge to its all-time lows
India's forex reserves fell by $7.5 billion as the Reserve Bank of India is using its war chest to limit the sharp decline and 'jerky movements' in the rupee.
India's foreign exchange reserves fell by $5 billion to its lowest in over a year as the dollar's allure returned broadly and the rupee hit a series of all-time low levels, including breaching several key psychological levels.