India’s Forex Reserves Cross $703 Billion Amid Sustained Recovery, RBI Data Shows
India’s foreign exchange reserves have continued their upward climb, crossing the $703 billion threshold in the week ending 17 April, according to the latest figures released by the Reserve Bank of India.The reserves rose by $2.36 billion to reach $703.31 billion during the period under review. Within this total, foreign currency assets, which form the largest component of the reserves, increased
India’s foreign exchange reserves have continued their upward climb, crossing the $703 billion threshold in the week ending 17 April, according to the latest figures released by the Reserve Bank of India.The reserves rose by $2.36 billion to reach $703.31 billion during the period under review. Within this total, foreign currency assets, which form the largest component of the reserves, increased
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