India’s forex reserves decline by $4.88 billion to $685.72 billion in week ended May 16
Friday, 23 May 2025 () India's foreign exchange reserves experienced a decrease of $4.888 billion, settling at $685.729 billion for the week ending May 16, according to the RBI. This decline follows a previous week's increase, with gold reserves notably decreasing by $5.121 billion. Foreign currency assets saw a slight increase, while SDRs and the reserve position with the IMF also experienced decreases.
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Despite the pandemic no longer dominating headlines, COVID-19 continues to claim hundreds of American lives every week. New CDC data reveals that over 350 people are still dying each week, with the..
The IMF’s approval of a $1 billion loan to Pakistan sparks controversy, with India raising serious concerns. India’s government warns that the funds could be used to fuel state-backed terrorism,..
Friday, 23 May 2025 ()
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