Economy & Policy▼ Negative
India's Forex Reserves Decline By $8.578 Billion to $726 Billion
RBI moved lower.
· NDTV Profit
The value of gold reserves decreased by $1.319 billion to $105.094 billion during the week, the RBI said.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The immediate tone of coverage reads negative.