Business

Foreign Exchange Reserves Rise At The Fastest Pace Since August 2021

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India’s foreign exchange reserves witnessed the fastest pace of accretion since August 2021, for the week ended Nov. 11, according to the RBI. Foreign exchange reserves rose by $14.7 billion to $544.7 billion, according to the Reserve Bank of India’s weekly statistical supplement, released on Friday. In August 2021, forex reserves had risen by $16.66 billion in the week ended Aug. 27, compared to the week before.



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