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India’s forex reserves surge by $14.36 billion to reach all-time high of $723.77 billion
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India’s forex reserves surge by $14.36 billion to reach all-time high of $723.77 billion
Mumbai, Feb 6 (SocialNews.XYZ) Despite global uncertainties, India's foreign exchange reserves surged by $14.361 billion in the week ended January 30, reaching an all-time high of $723.774 billion, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous week, the reserves had increased by $8.053 billion. The increase in foreign exchange reserves is primarily attributed to a rise in gold prices. According to the C…
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