India's foreign currency assets (FCA)

India’s Forex Reserves Surge To $689 Billion, Boosting Economic Stability

India's foreign exchange reserves have been rising for months now, hitting several all-time highs. The forex kitty increased by USD 66 billion so far this year and is currently at USD 689.235 billion. This buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks. According to the...