India’s foreign exchange reserves rose by $4.53 billion in the week ending March 21, reaching $658.8 billion. The Reserve Bank of India bought dollars regularly as the rupee appreciated. The reserves had peaked at $705 billion in September. However, valuation gains in April-December 2024 were significantly lower, and reserves decreased by $13.8 billion in the same period.
Recent Posts
- Tamarack Valley Energy Announces Q2 Results, Record Quarterly Production, Positive Guidance Update; Strategic Clearwater Tuck-in Acquisition and Executive Appointment
- Check Point Software Reports 2025 Second Quarter Financial Results
- New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2025
- IT stock hits 5% upper circuit after securing ₹139 Cr order for enterprise software and support services
- Closing Bell: New India Assurance, Sumitomo Chemical among top gainers as Nifty closes at 24,855; Sensex gains 143 points