banking service chronicle

banking service chronicle
banking service chronicle

Wednesday 24 October 2018

BSc monthly magazine February

BSc monthly magazine February
BSc monthly magazine February India's foreign exchange reserves declined by $819.5 mn to stand at $399.3 bn in the week ended Sep 7, going a shade below the $400-bn mark for the first time in over a year. BSc monthly magazine February  This dip in reserves comes in the wake of the rupee depreciating by 74 paise to close at 71.74 to the dollar as on Sep 7 in the backdrop of an escalating tariff war between the US and China, BSc monthly magazine February  rising global crude-oil prices and concerns on India's widening current account deficit (CAD). Since Mar-end 2018, India's forex reserves have dwindled by $25.3 bn.

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