News > Decline in India’s forex reserves largely due to valuation changes 

Decline in India’s forex reserves largely due to valuation changes 

The Hindu | 15/10/2022 05:28 PM | Click to read full article

The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union Finance said.

She made the remarks while addressing the IMFC during the ongoing annual meeting of the World Bank and (IMF) here on Friday. 

-