India’s foreign reserves explained: What they are, what they are, and how RBI uses them

Competitive Exam Explainers | Indian Economy Why in the story? India’s foreign exchange jumped $7.26 billion to $674.193 billion in the last week of July 3, the Reserve Bank of India said on Friday. In the last week, the forex currency decreased by $ 5.654 billion to $ 666.933 billion. The kit swelled to $728.494 … Read more