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India’s Forex Reserves Climb to $698.95 Billion

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India’s Forex Reserves Climb to $698.95 Billion
India’s Forex Reserves Climb to $698.95 Billion
Reporter 5By

India’s Forex Reserves Climb to $698.95 Billion

By Reporter 5

India’s foreign exchange reserves rose by $2.29 billion to reach $698.95 billion, according to data released by the Reserve Bank of India (RBI). The increase was driven by gains in foreign currency assets and gold holdings. RBI Governor Sanjay Malhotra said: “India’s external sector remains resilient as key vulnerability indicators continue to improve. We remain confident of meeting our external financing requirements.” Also Read: Chris Wilder to Leave Sheffield United

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