Business

India’s forex kitty: Foreign exchange reserves jump $2.362 billon to $703.308 billion

India’s foreign exchange reserves surged by $2.362 billion to $703.308 billion in the week ending April 17, following a previous gain of $3.825 billion. This increase, driven by rising foreign currency assets and gold reserves, marks a rebound after a decline caused by Middle East geopolitical tensions.

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