Reuters India |
Forex reserves near record high, cover over eight months of imports
Reuters India Reuters Market Eye – India's foreign exchange reserves of 0.56 billion in the week to Aug. 1 are close to surpassing a record high of 0.785 billion in September 2011. Traders say RBI's intervention in the foreign exchange markets is the key … Forex reserves near record high, cover over 8 months of imports RBI to continue increasing forex reserves: BofA-ML India's forex reserves near record high |