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India's Forex Reserves Hit One-Year High, Rise To Nearly $600 Billion
22 May 2023, 01:50 AM IST 
Forex reserves had fallen largely because of the RBI's intervention in the market.
India's foreign exchange reserves continue to rise and are edging towards USD 600 billion, hitting a nearly one-year high. In the week that ended on May 12 for which data is available, the reserves rose by USD 3.553 billion to USD 599.529 billion.
