Foreign exchange reserves declined for the third consecutive week, the fund decreased by $ 5.68 billion

India Forex Reserve Data: There has been a big decline in India’s foreign exchange reserves for the third consecutive week. In the week ending February 17, 2023, the foreign exchange reserves have come down by $ 5.68 billion to $ 561.27 billion. That is, there has been a decline of more than $ 15 billion in foreign exchange reserves in three weeks.

The Reserve Bank of India has released this data regarding foreign exchange reserves. According to these figures, the foreign exchange reserves declined by $5.68 billion to $561.27 billion in the week ending February 17, 2023, from $566.94 billion in the week ending February 10 and $575.27 billion in the week ending February 3, 2023. This is the third consecutive week when foreign exchange reserves have declined. In the last three weeks, there has been a decrease of about $ 15 billion in foreign exchange reserves.