India's forex reserves continue to fall, kitty now stands 10% below peak

New Delhi [India], January 5 (ANI): India's foreign exchange reserves continue to decline, extending downhill journey for three months now.

In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.

India's forex reserves have slumped twelve out of the past 13 weeks, hitting a fresh multi-month low.

The re