India’s Foreign Exchange Reserves Continue to Soar, Hit All-Time High of $473 Billion

India’s foreign exchange reserves continued to surge in week ended 7 February, hitting an all-time high of $473 billion, reports Times of India.

The RBI’s reserves rose by $1.70 billion during the week under review, official data showed on Friday (14 February).

According to the RBI’s weekly statistical supplement, the overall foreign exchange reserves increased to $473 billion from $471.30 billion reported for the week ended 31 January. Read More…

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