TNPSC Thervupettagam

New record of Forex 2024

September 10 , 2024 16 hrs 0 min 17 0
  • India's foreign exchange reserves rose $2.3 billion in the week ending August 30 to a new record high of $683.99 billion.
  • This is the third consecutive weekly rise of forex reserves backed by healthy dollar inflows.
  • In the past three weeks, reserves rose by 13.9 billion.
  • In 2024 alone, they have risen by over $60 billion cumulatively.
  • The Gold reserves during the week increased by $862 million, bringing the total to $61.859 billion.

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