Chennai Rates

Re 75.85, forex reserve strong

Re 75.85, forex reserve strong

Re 75.85, forex reserve strong

Mumbai, May 22:

The rupee depreciated 24 paise to 75.85 against the US dollar in opening trade on Friday tracking weak domestic equities and strengthening American currency overseas.

RBI chief Sakthikant Das has revealed today that India’s foreign exchange reserves have increased by 9.2 billion during 2020-21 from 1st April onwards. So far, up to 15th May, foreign exchange reserves stand at 487 billion USD.Brent crude futures, the global oil benchmark, fell 3.38 per cent to USD 34.84 per barrel.

Ranjini Trinitymirror

leave a comment