Forex Update: India’s Foreign Exchange Reserves Hit Fresh All-Time High of $645.58 Billion

This is the sixth consecutive week of a jump in overall forex reserves in India. Gold reserves rise $673 million to $52.16 billion during the week ended March 29; special drawing rights increase $73 million to $18.145 billion India’s foreign exchange reserves increased $2.951 billion to $645.583 billion for the week ended March 29, according … Read more

Forex Update: India’s Forex Reserves Hit All-Time High of $642.63 Billion

The previous peak level was recorded in September 2021 when the country’s foreign exchange reserves reached $642.453 billion. Gold reserves rise $347 million to $51.487 billion during the week ended March 22; special drawing rights (SDRs) were down by $57 million to $18.219 billion India’s forex reserves rose $140 million during the week ended March … Read more