India's forex reserves fall below $550 bn for first time since 2020 I Details
India's foreign exchange reserves dipped to a nearly two-year low after it fell by $5.22 billion on the week ending September 16. According to RBI data, Indian forex now stands at $545.652 bn. This is the lowest level since October 2, 2020. Experts blame RBI's intervention in the currency market behind the fall in forex. Watch this video to know more.