Breaking News: Indias Forex Reserves Surge by $2.7 Billion to Reach $698.1 Billion – An Impressive Week of Growth!
Summary India’s foreign exchange reserves surged by approximately USD 27 billion to reach a record USD 698.1 billion in early 2024, marking a significant weekly increase driven largely by strategic interventions from the Reserve Bank of India (RBI), including a USD 10 billion forex swap. This robust growth follows a period of fluctuation influenced by […]