India's forex reserves drop to $593.75 billion

​The central bank intervenes in the spot and forwards markets to prevent runaway moves in the rupee . The changes in foreign currency assets, expressed in dollar terms, include the effects of appreciation or depreciation of other currencies in the RBI's reserves.

from Stocks-Markets-Economic Times https://ift.tt/CszpiVM
via IFTTT

Post a Comment

Previous Post Next Post