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India ties with Russia as 4th largest forex reserves holder

Sumit Arora Last updated on June 14th, 2021 10:47 am Leave a comment

As per Reserve Bank of India’s data, the foreign exchange reserves of India has crossed $600 billion marks for the first time. The Forex reserve of India increased by USD 6.842 billion to $605.008 billion in the week ended June 04, 2021. This is the lifetime high of India’s foreign asset. With this, India has tied with Russia as the fourth largest reserve holder in the world. The forex reserve of Russia is calculated to be $605.2 billion.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.