Q. Which of the following are top four countries in terms of their forex reserves as of October 2024?
Answer:
China, Japan, Switzerland and India
Notes: India's forex reserves recently surpassed $700 billion for the first time, making it the fourth country to do so after the other three. In 2024, India's forex reserves have increased by $87.6 billion, which is more than the increase of nearly $62 billion in the entire previous year. As of October 2024, the top four countries with the highest foreign exchange reserves (forex) are: China, Japan, Switzerland, and India.
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