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India's foreign exchange reserves hit a record $665.4 billion, up 0.6% from the week prior.
India's foreign exchange reserves hit a record $665.4 billion, up $6.6 billion from the previous week, marking the fourth consecutive weekly gain.
This surge, totaling $20.1 billion over three weeks, reflects renewed foreign investor confidence in India's equity markets, leading to a 0.6% rupee appreciation against the US dollar.
Despite these gains, financial experts predict the rupee will continue to depreciate, as the Reserve Bank of India's measures to attract foreign exchange are seen as only temporary.
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Las reservas de divisas de la India alcanzaron un récord de 665.4 billones de dólares, un 0,6% más que la semana anterior.