RBI Data Shows India’s Foreign Exchange Reserves Reach New Historic High
India’s foreign exchange reserves climbed to a historic high of $728.49 billion in the week ending February 27, according to figures released by the Reserve Bank of India. The reserves increased by $4.885 billion during the week, strengthening the country’s external financial position. A significant portion of the rise was attributed to an increase in the value of gold reserves, which played a major role in expanding India’s reserve assets.
Month: Current Affairs - March 08, 2026
Category: Economy | Foreign Exchange Reserves