Tag: foreign exchange reserves

NEW DELHI: India’s foreign exchange reserves reached a new high of $683.987 billion during the week ending 30th August, with an increase of $2.299 billion, as reported by the Reserve Bank of India (RBI). This surpasses the previous record of $681.688 billion, reflecting a consistent upward trend in the country’s reserves. In 2024 alone, India […]

NEW DELHI: India’s foreign exchange reserves grew by $4.546 billion, reaching $674.664 billion during the week ending 16th August, just below their all-time high of $674.919 billion, as reported by the Reserve Bank of India (RBI). In 2024, India’s foreign exchange reserves have increased by around $45-50 billion. This significant reserve serves as a buffer, […]