India's forex reserves climb to $707 billion, mark $14.1 billion jump
India's foreign exchange reserves jumped a notable $14.136 billion, reaching a total of $707.002 billion for the week ending August 7. This surge was largely driven by a $9.946 billion rise in foreign currency assets, complemented by a $3.995 billion increase in gold reserves. These noteworthy gains come on the heels of strategic initiatives from the government and the RBI aimed at boosting…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
