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New Delhi: India’s foreign exchange reserves rose by USD 4.69 billion to touch USD 702.9 billion for the week ended September 12, according to data released by the Reserve Bank of India (RBI) on Friday. With this increase, the reserves are now less than only USD 2 billion away from their all-time high of USD…
New Delhi: India’s foreign exchange reserves (forex) dipped by USD 4.888 billion to USD 685.729 billion in the week ending May 16, according to official data released by the Reserve Bank of India (RBI). Estimates suggest that India’s foreign exchange reserves are sufficient to cover approximately 10–12 months of projected imports. Despite this weekly decline,…
New Delhi: India’s foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI). The data highlights an increase of USD 9.69 billion in just one week, as of 12 July, surpassing the previous high of USD 657.2 billion….