India’s rising Forex Reserves

India’s foreign exchange reserves are rising and are slated to hit the $500 billion mark soon. In the last month, it jumped by $12.4 billion to an all-time high of $493.48 billion. Aspirants must make a note here: 1.Authority managing FOREX in India 2.Components of FOREX 3.IMF’s SDRs 4.Emergency use of FOREX Rising above the … Continue reading India’s rising Forex Reserves