India’s foreign exchange reserves touched an all-time high a week after the country’s sovereign debt was included in a key JPMorgan Chase & Co. emerging market index. The stockpile grew by $5.2 billion to $657.16 billion in the week of July 5, according to data released by the Reserve Bank […]
forex reserves
The foreign exchange reserves, or forex reserves, of India dropped more than USD 2 billion to USD 646.673 billion in the week ended on May 24, according to data released by the Reserve Bank of India (RBI) on Friday. In the prior week, the forex reserves had increased by USD […]
India’s foreign exchange reserves declined for the third 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 2.412 billion to […]