The Headlines – India’s forex kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

India’s foreign exchange reserves saw a significant boost, climbing by $2.703 billion to reach $698.192 billion as of July 25, according to recent RBI data. This surge follows a previous week’s decline. The increase was largely fueled by a rise in foreign currency assets and a notable jump in gold reserves.

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