India’s foreign exchange reserves surged to a record $728.5 billion in the week ending February 27, boosted significantly by a $4 billion increase in gold reserves. Foreign currency assets and SDRs also contributed to the rise, despite the rupee facing pressure from forward contract maturities.
​India’s foreign exchange reserves surged to a record $728.5 billion in the week ending February 27, boosted significantly by a $4 billion increase in gold reserves. Foreign currency assets and SDRs also contributed to the rise, despite the rupee facing pressure from forward contract maturities. by Soban News (international And National News)
