India’s forex reserves fall again despite gold rebound, total drops to $695.49 billion
India’s foreign exchange reserves declined by USD 1.18 billion to USD 695.49 billion in the week ended July 18. This marks the third consecutive week of decline, according to official data released by the Reserve Bank of India (RBI). In the last week under review, the country’s foreign exchange reserves had declined by USD 3.06 billion to USD 696.67…