India's forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of Sept 27
- Posted on October 4, 2024
- By Business News Today
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India's forex reserves hit all-time high of $704.89 billion, up $12.5 billion as of Sept 27
Indias forex reserves reached a record high of $704.89 billion as of September 27, marking a $12.5 billion increase. The rise includes surges in foreign currency assets and gold reserves, while SDRs increased and the IMF reserve position saw a slight dip. The RBI continues to intervene to manage market stability.
