India's forex reserves rise by $11.47 billion to hit record high of $740.80 billion as of August 28
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India’s Forex Reserves Hit Record USD 740.8 Billion in Week Ended Aug 28
Get latest articles and stories on Business at LatestLY. India’s foreign exchange reserves rose sharply by USD 11.48 billion to a record USD 740.8 billion in the week ended August 28, according to data released by the Reserve Bank of India (RBI). Business News | India’s Forex Reserves Hit Record USD 740.8 Billion in Week Ended Aug 28.
India's forex reserves rise by $11.47 billion to hit record high of $740.80 billion as of August 28
India's foreign exchange reserves saw a substantial increase of $11.475 billion. This brought the total reserves to $740.8 billion by August 28. The Reserve Bank of India monitors foreign exchange market developments closely. It intervenes when necessary to ensure orderly market conditions. The central bank refrains from targeting any specific exchange rate.
Forex kitty jumps $11.47 bn to fresh all-time high of $740.8 bn - OrissaPOST
Mumbai: India’s forex reserves jumped USD 11.475 billion to a new all-time high of USD 740.803 billion during the week ended August 28, the RBI said Friday. In the previous reporting week, the kitty increased USD 12.422 billion to a USD 729.328, then a record high. The previous all-time high had stood at USD 728.494 billion was attained during the week ended February 27 this year, right before the onset of the Middle East conflict. The geopoliti…
India’s forex reserves hit all-time high of $740.803 billion
Mumbai, Sep 4 (IANS) India’s foreign exchange reserves rose by $11.475 billion to reach an all-time high of $740.803 billion in the week ended August 28, according to data released… Continue reading India’s forex reserves hit all-time high of $740.803 billion The post India’s forex reserves hit all-time high of $740.803 billion first appeared on Australia India News.
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