Forex reserves rise $2.8 billion to a new high of $692.3 billion

September 28, 2024

The Reserve Bank of India’s foreign exchange reserves reached a new high of $692.3 billion in the week ending September 20, driven by a $2 billion surge in foreign currency assets. Foreign investors contributed $10.9 billion to Indian stocks and bonds this month, marking the highest monthly inflow this year.

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