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Ruskin Felix Consulting

Ruskin Felix Consulting

$17 Billion Increase in March 2023

GDP increase RFC FOREX Indian economy

Indian foreign reserves rose $5.6 billion to $578.778 billion in the week ended March 24, according to RBI data. In March 2023, the central bank bought dollars at reduced rates to stabilize the rupee, increasing reserves by roughly $17 billion.

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