India’s forex reserves fell by $306 Million to $601 Billion, says RBI
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India's foreign exchange (forex) reserves fell by $306 million to $601.057 billion for the week ended June 3 dragged by a sharp decline in the value of foreign currency assets, the RBI data showed. The forex reserves have declined after two consecutive weeks of increase. The country's forex reserves had increased by $3.854 billion during the week ended May 27 and $4.23 billion in the previous week.
