India’s Foreign Exchange Reserves Soar

Why the Rupee Dropped Below 84 for the First Time in History

According to the most recent RBI statistics, India’s foreign exchange reserves increased by $4.546 billion to $674.664 billion in the week that ended on August 16. The FX kitty fell by $4.8 billion to $670.119 billion throughout the course of the preceding week. The total reserves reached an all-time high of $674.919 billion on August … Read more