Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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</span></span></code>
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</span></span></code></pre><pre id="cakeErr67f48ec90b521-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
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-ThePrint.in&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
&lt;br /&gt;
China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
&lt;br /&gt;
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;,
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&lt;br /&gt;
&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
&lt;br /&gt;
China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
&lt;br /&gt;
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;
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Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but..."/>
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                <strong>India&#039;s forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh</strong></h1>
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                <div align="justify">-ThePrint.in<br /><br /><em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br /><br />Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br /><br />In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br /><br />India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br /><br />Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br /><br />&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br /><br />&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br /><br />China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br /><br />High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br /><br />Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/" title="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br /></div>               </font>
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&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
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China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
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High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
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The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;,
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&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
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China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
&lt;br /&gt;
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-ThePrint.in&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;&lt;br /&gt;Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;&lt;br /&gt;In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;&lt;br /&gt;India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;&lt;br /&gt;Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;&lt;br /&gt;China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;&lt;br /&gt;High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot; title=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but..."/>
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                <strong>India&#039;s forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh</strong></h1>
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                <div align="justify">-ThePrint.in<br /><br /><em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br /><br />Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br /><br />In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br /><br />India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br /><br />Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br /><br />&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br /><br />&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br /><br />China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br /><br />High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br /><br />Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/" title="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br /></div>               </font>
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&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
&lt;br /&gt;
China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
&lt;br /&gt;
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-ThePrint.in&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;&lt;br /&gt;Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;&lt;br /&gt;In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;&lt;br /&gt;India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;&lt;br /&gt;Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;&lt;br /&gt;China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;&lt;br /&gt;High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot; title=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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&lt;br /&gt;
&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;
&lt;br /&gt;
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;
&lt;br /&gt;
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;
&lt;br /&gt;
India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;
&lt;br /&gt;
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;
&lt;br /&gt;
China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;
&lt;br /&gt;
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-ThePrint.in&lt;br /&gt;&lt;br /&gt;&lt;em&gt;The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;India&amp;rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.&lt;br /&gt;&lt;br /&gt;Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.&lt;br /&gt;&lt;br /&gt;In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.&lt;br /&gt;&lt;br /&gt;India&amp;rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.&lt;br /&gt;&lt;br /&gt;Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are monitoring (the situation) but there is no need to take any action now,&amp;rdquo; said an RBI official.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&amp;rdquo; said another finance ministry official who spoke on condition of anonymity.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;This is a natural phenomenon and this is most likely happening due to RBI&amp;rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&amp;rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.&lt;br /&gt;&lt;br /&gt;China&amp;rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.&lt;br /&gt;&lt;br /&gt;High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot; title=&quot;https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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                <strong>India&#039;s forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh</strong></h1>
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                <div align="justify">-ThePrint.in<br /><br /><em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br /><br />Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br /><br />In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br /><br />India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br /><br />Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br /><br />&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br /><br />&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br /><br />China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br /><br />High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br /><br />Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/" title="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br /></div>               </font>
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-ThePrint.in<br />
<br />
<em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br />
<br />
New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br />
<br />
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br />
<br />
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br />
<br />
India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br />
<br />
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br />
<br />
&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br />
<br />
&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br />
<br />
&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br />
<br />
China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br />
<br />
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br />
<br />
Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br />
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...',
	'disp' => '<div align="justify">-ThePrint.in<br /><br /><em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br /><br />Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br /><br />In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br /><br />India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br /><br />Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br /><br />&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br /><br />&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br /><br />China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br /><br />High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br /><br />Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/" title="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br /></div>',
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-ThePrint.in<br />
<br />
<em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br />
<br />
New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br />
<br />
Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br />
<br />
In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br />
<br />
India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br />
<br />
Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br />
<br />
&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br />
<br />
&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br />
<br />
&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br />
<br />
China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br />
<br />
High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br />
<br />
Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br />
</div>',
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$metaTitle = 'LATEST NEWS UPDATES | India&#039;s forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh'
$metaKeywords = 'Reserve Bank of India,Reserve Bank of India (RBI),International Crude Oil Prices,Interest Rate,Foreign Exchange Reserve,Forex Reserve,Exchange Rate'
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-ThePrint.in

The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.

New Delhi: India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but...'
$disp = '<div align="justify">-ThePrint.in<br /><br /><em>The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />New Delhi: </em>India&rsquo;s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm.<br /><br />Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose.<br /><br />In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion.<br /><br />India&rsquo;s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee.<br /><br />Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee.<br /><br />&ldquo;We are monitoring (the situation) but there is no need to take any action now,&rdquo; said an RBI official.<br /><br />&ldquo;Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,&rdquo; said another finance ministry official who spoke on condition of anonymity.<br /><br />&ldquo;This is a natural phenomenon and this is most likely happening due to RBI&rsquo;s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,&rdquo; said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year.<br /><br />China&rsquo;s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion.<br /><br />High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments.<br /><br />Please <a href="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/" title="https://theprint.in/economy/indias-forex-reserves-are-falling-2-billion-per-week-as-rbi-fights-to-save-sliding-rupee/77898/">click here</a> to read more. <br /></div>'
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India's forex reserves are falling $2 billion per week as RBI fights to save sliding rupee -Mahua Venkatesh

-ThePrint.in The dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee. New Delhi: India’s foreign exchange reserves have fallen by about $2 billion per week for seven weeks now but top government officials said they were monitoring the trend and there is no cause for alarm. Economic affairs secretary Subhash Chandra Garg said funds would be raised through foreign currency non-repatriable (FCNR) deposits or even sovereign bonds, if the need arose. In September 2013, then RBI governor Raghuram Rajan had raised funds through FCNR bonds and the scheme fetched $30 billion. India’s forex reserves crossed the $400 billion mark for the first time last September but have remained volatile since. They declined to $407.81 billion on 22 June from a record high of $426 billion in April, largely on the back of a weakening rupee. Insiders said that the dip in forex reserves has been due to the intervention of the central bank to arrest the slide in the rupee. “We are monitoring (the situation) but there is no need to take any action now,” said an RBI official. “Our forex reserves are adequate and this dip does not call for any policy action at this point. This is due to global developments. There is no need for any knee jerk reaction,” said another finance ministry official who spoke on condition of anonymity. “This is a natural phenomenon and this is most likely happening due to RBI’s stepping in by selling dollars to support the rupee. No amount of reserves is ever adequate,” said Soumya Kanti Ghosh, chief economic adviser, State Bank of India group. The reserves, he added, had crossed $400 billion only last year. China’s foreign exchange reserves in May stood at $3,111 billion. However, its reserves in April was at $3,125 billion. High foreign exchange reserves not only help in international payments but also provide a cushion against exchange rate risks and boost sentiments. Please click here to read more.