Forex reserves jump to 2-month high with a $5-b weekly rise
India’s foreign exchange reserves jumped to a two-month high to reach $640.5 billion as of February 21, with nearly $5 billion added in a week to the stockpile that had shrunk in lockstep with the retreat in Mumbai’s broadest equity gauges after having scaled their respective peaks end-September. Reserve Bank of India (RBI) data published … Read more
