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India's forex reserves fall by $3 billion to $561.04 billion
short by Srishty Choudhury / on Saturday, 3 September, 2022
India's foreign exchange reserves fell by $3 billion to $561.04 billion in the week ended August 26, according to the Reserve Bank of India (RBI) data. The fall was because of a decline in the foreign currency assets (FCA) and the gold reserves. The FCA fell by $2.57 billion in the said week and gold reserves fell by $271 million.
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