🇮🇳India's forex reserves jump to six-month high of $686.2 billion.💹
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Muttu Havalagi
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India's Forex Reserves hit a record high.
• Forex Reserves have jumped now by $7.02 billion to a new high of $681.69 billion.
• India's GDP grows by 6.7% in April-June
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As of April 1, 2023, India's estimated coal reserves were 378.21 billion tonnes.
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RBI’s Record $77.5 Billion Short Positions: Impact on Rupee Liquidity and Forex Reserves
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What Happens When Forex Reserves Decline?
We should understand it, Because India is going through that.
Let’s break it down step by step.
Let’s Understand What Forex Reserve Is
Forex reserves are a country’s savings in foreign currencies, gol
🚨 India to offer 5 billon dollars incentives to boost electronics manufacturing. China angry
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💯 India will offer up
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Since Gold 🪙 price reaches Sky🔥🔥. Here is an interesting fact that will shock you.- Indian 🇮🇳 women… Hold Gold jewellery of 25,000 tonnes, comparing that to world's gold reserves 🔸🔸🔸
Gold reserves by Country
🇺🇸 United States - 8000 tonn