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After FCNR(B) highs, forex kitty shrinks by $51 billion in four weeks

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

After FCNR(B) highs, forex kitty shrinks by $51 billion in four weeks

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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