scorecardresearchIndia's forex reserves down $2.23 billion to $550.87 billion

India's forex reserves down $2.23 billion to $550.87 billion

Updated: 17 Sep 2022, 09:10 AM IST
TL;DR.
In the previous reporting week, the reserves had dropped by USD 7.941 billion to USD 553.105 billion.
While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)

While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)