India's forex reserves

India’s forex reserves decline further after hitting record high

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[ NEW DELHI: India’s foreign exchange reserves declined for the second week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion.As per the latest data released by the Reserve Bank of India (RBI), the country’s foreign exchange kitty declined by USD 2.828 billion to USD 640.334 billion … Read more

India’S Forex Reserves: India’s forex reserves rose by $58 billion cumulatively in 2023

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[ NEW DELHI: India’s foreign exchange reserves increased by $4.471 billion to $620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about $58 billion to its foreign exchange kitty.Last week, India’s foreign … Read more