GDP growth in 2020-21 expected to remain in negative category: RBI

Updated:5 years, 5 months ago

Mumbai, May 22 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on May 22, said that India's foreign exchange reserves have increased by 9.2 billion during 2020-21 from April 01 onwards. So far, up to May 15, foreign exchange reserves stand at 487 billion US dollars, he added. “The Gross domestic product (GDP) growth in 2020-21 is expected to remain in the negative category with some pick up in second half,” RBI Governor further added.

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