RBI may have bought $8 billion from market in less than a month

India's foreign-exchange reserves, which declined about $100 billion since February this year, have begun climbing over the past few weeks. Reserves rose at their fastest pace in more than 14 months for the October 28 weekend. Indications are that after some contraction in the next seven days, they have risen again in the week to November 11.


via Economictimes

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