Forex kitty grows in Q3 on better external factors, but headwinds need close watch

January 10, 2023

Reserves fell $104 billion in the one year up to September 30 – and surged $30 billion in just the next three months. Forex reserves are at $562.8 billion as of December 30 – enough to cover around nine months of projected imports.

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Hitachi Energy jumps 7% after Q1 results. Here’s why Nomura initiated coverage on stock

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