India’s foreign exchange reserves witnessed a substantial increase of $4.038 billion, reaching $698.268 billion in the week ending September 5, according to the Reserve Bank of India. This surge was primarily fueled by a significant rise in gold holdings, which jumped by $3.53 billion. Foreign currency assets also contributed, increasing by $540 million. Post navigation Retail inflation: CPI rises to 2.07% YoY in August; up from 1.61% in July Sebi board approves major market reforms; eases IPO rules for large companies, strengthens foreign investor access
