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

Forex Update: India’s Foreign Exchange Reserves Jump $6.4 Billion To $642.5 Billion

India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $425 million to $51.14 billion during the week ended March 15, special drawing rights rise $65 million to $18.276 billion India’s foreign exchange (forex) reserves increased $6.396 billion to $642.492 billion for the week ended March 15, according … Read more

Forex Update: India’s Foreign Exchange Reserves Jump $6.55 Billion To $625 Billion

India’s forex reserves had reached an all-time high of $645 billion in October 2021. Gold reserves increase $569 million to $48.417 billion during the week ended March 1; special drawing rights however fall $17 million to $18.18 billion Continuing the gaining streak, India’s forex reserves surged $6.55 billion to $625.626 billion during the week ended … Read more