India’s forex reserves rise by $3.623 bn to hit record high at $538.191 bn

India’s forex reserves rise by $3.623 bn to hit record high at $538.191 bn

Movement in the FCA occurs mainly on account of purchase or sale of foreign exchange by the RBI, income arising out of the deployment of foreign exchange reserves, external aid receipts of the government and revaluation of assets.
Check the source here –Source, Financial Express.

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