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Saturday, 9 May 2026
Mukhyamantri
Business

India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar

India's foreign exchange reserves saw a significant drop of over seven billion dollars. This marks the second consecutive weekly fall. The Reserve Bank of India has been using these reserves to stabilize the currency market. The Indian Rupee also weakened aga…

By ET Bureau· The Times of India· 1 day ago· 2 min read
India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar