India's Forex Reserves

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...

India’s Forex Reserves Hit New High, Rising For Seventh Consecutive Week

India's foreign exchange reserves reached a new record high of USD 648.562 billion in the week ending April 5, marking the seventh consecutive weekly increase, according to the latest data from the Reserve Bank of India (RBI). Before the week ending on April 5, the foreign exchange reserves stood at...

India’s Forex Reserves Grow by $10.47 Billion

India's foreign exchange reserves surged by $10.47 billion to reach $636.095 billion for the week ending March 8, as reported by the Reserve Bank on Friday. In October 2021, the country's forex reserves had hit a record high of USD 645 billion. The reserves experienced a decline as the central...