Forex reserves down by USD 2.39 bn to USD 560 bn

Mumbai: The country's forex reserves fell by USD 2.39 billion to a three-month low of USD 560.003 billion for the week to March 10, the Reserve Bank said in its latest weekly data release.

In the week to March 3, the reserves rose by USD 1.46 billion



and stood at USD 562.40 billion.

On an annualised basis, the RBI said, the reserves are down by USD 47.31 billion during the week under review while on a fiscal year basis, the same plunged by USD 62.23 billion.