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Foreign Exchange Reserves Rise To Highest Since March 2022

Forex reserves rose by $12.7 billion to $609 billion for the week-ended July 14.

<div class="paragraphs"><p>Representational Image (Source: Engine Akyurt/Unsplash)</p></div>
Representational Image (Source: Engine Akyurt/Unsplash)

India's foreign exchange reserves exceeded the $600-billion mark for the first time in over a year.

Forex reserves rose by $12.7 billion to $609 billion for the week-ended July 14, according to the Reserve Bank of India's weekly statistical supplement, released on Friday. This is the highest since March 6, 2022.

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