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Reserves drop as FCNR inflows dry, RBI dollar sales continue

viaeconomictimes.indiatimes.com7 Oct
Reserves drop as FCNR inflows dry, RBI dollar sales continue
Reserves have fallen to $734.6 billion in the week ended October 2, the fourth consecutive week of fall and down from a recent peak of $785.71 billion reported on September 4, ‌according to a footnote to governor Sanjay Malhotra’s monetary policy statement on Wednesday. The latest reserve numbers…

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