India’s foreign exchange reserves dropped by USD 6.052 billion to USD 593.477 billion during the week ended May 19, RBI said on Friday. The drop in the kitty has snapped two consecutive weeks of increases. In the previous reporting week, ...
The dollar was broadly steady on Monday, with U.S. debt ceiling negotiations set to resume and Federal Reserve Chair Jerome Powell having indicated he favours a meeting-by-meeting approach when it comes to future policy moves. The greenback was little changed ...