India's FX reserves rise to $672.59 billion
after close1 source ↓written by the desknot a recommendation
- for the week
- $672.59 billion
- the previous week
- $671.63 billion
- gain enhances
- $0.96 billion
India's foreign exchange reserves increased to $672.59 billion for the week ending 15 June, up from $671.63 billion the previous week. This $0.96 billion gain enhances the Reserve Bank of India's capacity to stabilize the rupee against external shocks. Traders may view this as a positive indicator for currency stability in the near term.
Not investment advice. For informational purposes only.