Forex reserves decline by USD 1 bn to USD 697.93 bn

Mumbai, Jun 27 (PTI) India’s forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by USD 2.29

Rupee rises 24 paise to close at 85.48 against US dollar

Mumbai, Jun 27 (PTI) The rupee rose 24 paise to close at 85.48 (provisional) against the greenback on Friday on the back of strong FII inflows and firm domestic equity markets. Lower level of American currency index also favoured the Indian currency

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