💨 Abstract

India's foreign exchange market has seen substantial growth, with average daily turnover nearly doubling from $32 billion in 2020 to $60 billion in 2024, as highlighted by RBI Governor Sanjay Malhotra. He attributed this growth to the maturity and advancement of India's financial markets, which have become more dynamic and resilient over the past few years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖