ECONOMIC SECRUITY: India’s Forex Reserves Hit Over 20-Month High, Jump $9.112 Billion To $615.971 Billion
India’s foreign currency assets (FCA), the biggest component of the forex reserves, rose USD 8.349 billion to USD 545.048 billion, the central bank’s weekly statistical data showedIndia’s foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of Dec. 15, data from the Reserve Bank of India (RBI) showed on Friday.The reserves rose by $9.1