💨 Abstract

India's foreign exchange reserves increased significantly, from $6.596 billion to $665.396 billion in the week ending March 28, marking the fourth consecutive weekly gain and the highest increase in nearly five months. The appreciation of the rupee against the US dollar is attributed to renewed foreign investment in Indian stock markets. The reserves, primarily held in US dollars, have cumulatively increased by $20.1

Courtesy: theprint.in

Summarized by Einstein Beta 🤖