currencies

India’s Forex Reserves Hit a New Peak Of USD 675 Billion, Up Over USD 50 billion In 2024

India's foreign exchange reserves have once again reached an all-time high. For the week ending August 2, the reserves increased by USD 7.533 billion to USD 674.919 billion, setting a new record, according to RBI data released on Friday. The previous record was USD 670.857 billion. The reserves have been...