Finance
Big GuyIndia's Forex Reserves Drop Like a Bad Pizza Slice
Hey there! So, India's forex reserves just took a nosedive, dropping by $11.68 billion to $716.81 billion. Last week, they were riding high at $728.49 billion! Foreign currency assets are feeling blue too, down $9.88 billion. And gold? Ouch! That's down $1.61 billion. What's next, a pizza shortage? I mean, come on!
few days ago | Press Trust of India
Quick rundown
1.India's forex reserves fell by $11.683 billion.
2.Foreign currency assets decreased by $9.880 billion.
3.Gold reserves saw a decline of $1.612 billion.
4.Special Drawing Rights dropped by $146 million.
5.India's IMF reserve position fell by $45 million.
