Dollar Swap

India’s Forex Reserves Rise by $4.4 Billion After RBI’s Large Dollar Swap

India’s foreign exchange reserves witnessed a significant boost, rising by $4.4 billion, following a large-scale dollar swap conducted by the Reserve Bank of India (RBI). This development has strengthened the country’s financial position, providing greater stability to the rupee and enhancing India’s ability to manage external shocks. Background of the Forex Reserve Increase Key Highlights…

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_Forex Reserves

India’s Forex Reserves Jump $1.7 Billion to $689 Billion, Gold Holding Up $758 Million

India’s foreign exchange reserves have once again showcased resilience, rising by $1.7 billion to touch $689 billion, according to the latest data released by the Reserve Bank of India (RBI). The increase reflects strong inflows, stable currency management, and robust macroeconomic fundamentals. Alongside this, India’s gold reserves surged by $758 million, highlighting the country’s diversified…

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