The Reserve Bank of India’s foreign exchange reserves decreased by $3.5 billion to $684.8 billion in the week ended September 25, primarily due to the central bank’s dollar sales to prevent rupee depreciation. Foreign currency assets fell significantly while gold reserves saw a rise. Outflows from Indian stocks and bonds added pressure on the rupee.
How inflation and interest rates are shaping investment strategies in US
The Federal Reserve’s recent decision to lower interest rates significantly impacts Indian investors with US market exposure. Lower rates can present opportunities in US stocks,
November 2, 2024