Sunday, February 17, 2019

Rupee Closes Lower At 71.23 Against Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.11 per cent to 97.08.

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India Becomes 4th Largest Forex Holder As Reserves Rise To $785.7 Billion

The sharp rise in the latest week was driven primarily by an increase in foreign currency assets, the largest component of reserves.