Categories: Economy

India ties with Russia as 4th largest forex reserves holder

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

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.