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Friday, December 8, 2023

Forex kitty tops $600 billion mark after nearly 4 months

India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. The forex reserves were last above the $600 billion mark on August 11 this year."India's foreign exchange reserves stood at $604 billion as on December 1, 2023. We remain confident of meeting our external financing requirements comfortably," Reserve Bank governor Shaktikanta Das said, while unveiling the December bi-monthly monetary policy on Friday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oHmGnrL

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