Forex Update: India’s Reserves Surge by $4.36 Billion to Reach $693 Billion, Driven by Gold Holdings!
Summary India’s foreign exchange reserves surged by USD 43.6 billion to reach approximately USD 693 billion, driven primarily by a significant increase in gold holdings alongside foreign currency assets. Managed by the Reserve Bank of India (RBI), these reserves form one of the largest and most robust in the world, providing a critical buffer to […]
