Economy · India
India's Forex Reserves See Sharpest Weekly Drop
India's foreign exchange reserves experienced their sharpest weekly decline since November 2024, a fall described as the most significant in two years. The decrease is attributed to the Reserve Bank of India's intervention to support the rupee amidst a stronger dollar and rising US yields.
How outlets across the spectrum covered it
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- Centre (2): The Financial Express, The Times of India
- International (2): Bloomberg, Reuters