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🇮🇳 INDIA’S FOREX RESERVES HIT A RECORD 🚨
India’s forex reserves rose by $14.17B in one week, reaching $701.36B, according to RBI.
This means India now has a very strong safety cushion to:
protect the rupee
pay for imports
handle global market shocks
Higher foreign currency holdings and gold values helped push reserves up.
India now has more money saved to support its economy in changing global conditions. $NOM $ZKC $ENSO