Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The reserves rose by a
substantial USD 11 billion over the previous week, marking the fifth straight
week of gains.
The country’s forex kitty had increased by USD 6.6
billion in the week ended March 28, indicating a consistent upward trend in
reserve accumulation. This sustained growth highlights the RBI’s active forex
management and the strength of India’s external sector position amid global
economic uncertainties.
India now holds the
fourth-largest forex reserves globally, reflecting strong macroeconomic fundamentals,
stable capital inflows, and improved current account dynamics. Analysts believe the robust reserves provide a
crucial buffer against external shocks, help stabilise the rupee, and boost
investor confidence in the Indian economy.
The rise in reserves
comes at a time when central banks across the world are managing volatility due
to geopolitical tensions and fluctuating commodity prices. For India,
this growing reserve pile is a reassuring sign of resilience and preparedness
to navigate any global headwinds.
