Momentum: The dollar index went into Long mode in early December and held that trend up until early January. The read turned short this week, and a weekly chart close below 76.50 will be a ...

In the week that ended on February 14, the forex reserves declined USD by 2.54 billion to USD 635.721 billion. The forex reserves had slumped for about four months, hitting an about 11-month low.

The reserves had risen by a total of $14.3 billion in the prior three weeks. Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the ...