🇮🇳 JUST IN: India’s Forex Reserves Hit New All-Time High
India’s foreign exchange reserves jumped by $14.17 billion in the latest reporting week, reaching a record $701.36 billion, according to data from the Reserve Bank of India (RBI).$DOGE
The sharp increase was driven by gains in foreign currency assets, gold holdings, and reserve tranche positions, strengthening India’s external balance sheet.$ENSO
The surge gives the RBI greater firepower to defend the rupee, manage volatility, and absorb global shocks, as currency markets remain sensitive to U.S. rates, geopolitical risks, and capital flows.$XRP
India now ranks among the top holders of forex reserves globally, reinforcing confidence in macro stability and financial resilience.
#IndiaCrypto #indian #devcripto

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