India’s Forex Reserves Current Affairs, GK & News
As per the data revealed by Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserve rose to a life-time high of $426.42 billion (in week to 21 June 2019) after it surged by $4.215 billion boosted by higher foreign portfolio investments (FPI) and a stable rupee. Key Highlights Background: Earlier, the Forex reserves had ..
Month: Current Affairs - June, 2019
Category: Economy & Banking Current Affairs
Topics: Foreign currency assets • Foreign Portfolio Investments • Foreign Reserves • FPI • Gold Reserves • IMF • India’s Forex Reserves • International Monetary Fund • RBI • Reserve Bank of India • Reserve Tranche Position • Special drawing rights