India’s foreign exchange reserves have continued to ease from the record high of $704.9 billion registered in the last week of September.Foreign exchange reserves held by the Reserve Bank of India dec
India’s foreign exchange reserves ease from record high
India’s foreign exchange reserves have continued to ease from the record high of $704.9 billion registered in the last week of September.
Foreign exchange reserves held by the Reserve Bank of India decreased to $690.4 billion as of October 11th, the latest data showed.
The result was largely attributed to an outflow of foreign capital amid heightened tensions in the Middle East and as investors had higher preference for Chinese assets following Beijing’s stimulus measures.
Best Exchanges
Open a Demo Account and Hone Your Trading Skills
A World-Class Trading Experience
Low Spreads. Safe Trades.Trade confidently with FBS: superior conditions and exceptional security standards.
Manchester United's Official Online Financial Trading Platform Partner
Get VIP treatment with ZERO spreads (for 90%+ of the trading day) + low commission (max 3.5 USD per lot per side) MT4/MT5
One of the best brokers for low spreads, trading conditions and execution
Brokers News
