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Forex Reserves Slump By $2 59 Billion

Forex Reserves Sharpest Fall In 2 Years Tracks All-Time Low Rupee, Indicates RBI Intervention

India's forex reserves' sharpest fall in two years for March 11 week after the rupee weakened to its all-time low close against the US, indicates that the Reserve Bank of India sold dollars in the open market to shore up the currency.

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