According to the latest data from the Reserve Bank of India (RBI), India's foreign exchange (forex) reserves jumped by $5.7 billion to reach $623.2 billion. This is the highest level in nearly 22 months. The increase is attributed to foreign portfolio inflows and revaluation of assets.
📚 Test Your Knowledge:
As per recent RBI data, India's foreign exchange reserves have crossed which milestone mark?
Correct Answer: $623 Billion