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India’s foreign exchange reserves have reached a new milestone, standing at $642.63 billion as of March 22, 2024, placing India in the 4th spot globally, but why does it matter 

What are Foreign-Exchange Reserves? Why India’s Forex Reserve hitting all-time high matters?

n a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $3.035 billion to $451.706 billion.

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What are Foreign-Exchange Reserves? Why India’s Forex Reserve hitting all-time high matters?

India's forex reserves rise by over $3 billion