India’s foreign exchange reserves increased by $7.196 billion in the week ending May 5, 2023, reaching $595.976 billion, which is an 11-month high. This follows a previous rise of $4.532 billion the week before. Foreign currency assets (FCA) saw the most significant growth, rising by $6.536 billion to $526.021 billion during the week.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The analyst predicts that the rupee’s range will fall between 81.95-82.25 and a break on either side will determine its clear trend.
Also Read: Retail Inflation Sees Significant Drop in April, Hits 4.7%
Find More News on Economy Here
India's cities are often known not just by their original names but also by unique…
On May 5th, the world unites to celebrate the Portuguese language, a linguistic treasure that…
In a groundbreaking endeavor, China has launched the Chang'e-6 probe on an ambitious mission to…
Frank Shrontz, who led Boeing as its Chief Executive Officer for a decade from 1986…
Lando Norris of McLaren clinched his first-ever Grand Prix victory in a pulsating showdown at…
India, renowned for its rich cultural heritage and diverse landscapes, also boasts a thriving tea…