India’s Forex Reserves Decline by $38 Billion Amid Iran Conflict
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India's forex reserves have dropped by nearly $38 billion since the Iran conflict began, the steepest decline among regional economies, yet remain robust enough to shield the rupee from further depreciation, according to economists.
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India's forex reserves have dropped by nearly $38 billion since the Iran conflict began, the steepest decline among regional economies, yet remain robust enough to shield the rupee from further depreciation, according to economists.