India’s forex reserves rise to a seven-month high – Economic Times
Economic Times |
India's forex reserves rise to a seven-month high
Economic Times Forex reserves jumped $ 4.408 billion in week to December 6 to $ 295.709 billion, which is a seven-months high, since banks continued to swap their dollar borrowings with Reserve Bank of India in favour of rupee even after the deadline of November 30. India's Forex Kitty Swells USD 4.4 bn to USD 295.7 bn India's forex kitty swells $ 4.4 bn to $ 295.7 bn India's Forex reserves climb USD 4.48 bn |
