India's foreign exchange reserves decline again after one-off week rise

New Delhi [India], December 13 (ANI): India's foreign exchange (forex) reserves declined again after a one-off rise recently. In the week that ended December 6, the foreign exchange kitty declined by USD 3.23 billion to USD 654.857 billion, data from the Reserve Bank of India (RBI) showed Friday.

India's forex reserves have slumped nine out of the past 10 weeks, hitting a multi-month low. The reserves had been falling eve