India's foreign exchange reserves increased by $3.7 billion to $641.59 billion on May 3, marking the first rise in a month.
India's foreign exchange reserves increased by $3.7 billion, reaching $641.59 billion as of May 3, according to the latest data from the Reserve Bank of India (RBI). This marks the first rise in forex reserves in a month, following a decline for three weeks in a row. The RBI's foreign currency assets, a major component of the reserves, increased by $4.459 billion to $564.161 billion.
May 10, 2024
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