RBI Rebuilds Forex Chest, Hits $645.6 Billion High

MUMBAI: The country’s foreign exchange reserves logged a record high of $645.6 billion after rising by nearly $3 billion in the week ended March 29. RBI governor Shaktikanta Das said, "It is our focus to build a strong umbrella – a strong buffer in the form of a substantial quantum of forex reserves – which will help us when the cycle turns." He added that the central bank was also continuously
MUMBAI: The country’s foreign exchange reserves logged a record high of $645.6 billion after rising by nearly $3 billion in the week ended March 29. RBI governor Shaktikanta Das said, "It is our focus to build a strong umbrella – a strong buffer in the form of a substantial quantum of forex reserves – which will help us when the cycle turns." He added that the central bank was also continuously
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