Forex watch: India’s reserves rise $4.36 billion to $693 billion; gold holdings lead weekly gains

India’s foreign exchange reserves surged by $4.368 billion to $693.318 billion in the week ending December 19, reaching a recent high. This significant increase was driven by substantial gains in both foreign currency assets and …

India’s foreign exchange reserves surged by $4.368 billion to $693.318 billion in the week ending December 19, reaching a recent high. This significant increase was driven by substantial gains in both foreign currency assets and gold reserves, bolstering the nation’s overall financial buffer.

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