Decoding the Fluctuations in India’s Forex Reserves Understanding the Yo-Yo Behavior and Factors Impacting the Rupee India’s foreign exchange (forex) reserves witnessed fluctuations in recent months. On July 14th, the reserves stood at an impressive $609 billion, but on October 20th, they hit a recent low of $583.5 billion. However, the reserves then slightly rebounded to $597.9 billion by November 24th. This article aims to analyze the reasons behind this yo-yo-like behavior and examine […]
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.