India’s foreign exchange reserves surged by $2.98 billion to reach a new peak of $648.562 billion for the week ending April 5, as reported by the RBI. This marks a consecutive increase from the previous week’s record-high of $645.583 billion. The reserves have been steadily growing over the past months, despite occasional deployment by the central bank to support the rupee amidst global pressures.
India’s Forex Reserves Hit Record High of $648.562 Billion: RBI
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