Finance
Sock JohnsonIndia's Forex Reserves Crush Records Like A Champ
India just dropped the financial bombshell of the century! With foreign exchange reserves rocketing to a staggering $709.41 billion as of January 23, the Reserve Bank of India is flexing hard! This powerhouse surge, fueled by gold and currency assets, leaves the old record in the dust. The Rock says, keep your eyes peeled, because this money game is just getting started!
few days ago | Anjali Kumari
Quick rundown
1.India's forex reserves hit a record $709.41 billion.
2.Gold reserves surged by $5.64 billion in a week.
3.RBI's aggressive forex market intervention continues.
4.Dollar index fell, boosting revaluation gains.
5.India's reserves cover over 11 months of imports.
