Forex reserves jump to 2-year high of $636 billion – Times of India

by The Technical Blogs


MUMBAI: The country’s foreign exchange reserves rose for a third straight week and reached a more than two-year high of $636.1 billion as of March 8, data from the central bank showed on Friday.
The reserves jumped by $10.5 billion in the reporting week, the biggest jump since the week ended July 14, 2023. They had risen by a total of $9.5 billion in the prior two weeks, edging towards their record high of $642.5 billion, hit in Sept 2021.RBI intervenes in the forex market to curb excess volatility. reuters


Source link

Related Posts

Leave a Comment

Recent Posts

Pigeons swarm Las Vegas neighborhood, nesting at church Study finds adult female elk are badass and can’t be... Vacancy: some more elephants needed in the bush THE TECHNICAL BLOGS

Our Policies

Userful Links

Shop Stores

Copyright @2020  All Right Reserved - Designed and Developed by DSF SEO COMPANY