Indian Foreign Exchange Reserves (Jan/16) 701.36 (Prev. 687.19, Rev. From 687.19)
India's foreign exchange reserves have increased significantly to 701.36 billion, up from a revised 687.19 billion.
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Indian Foreign Exchange Reserves (Jan/16) 701.36 (Prev. 687.19, Rev. From 687.19)
China’s securities regulator has expanded futures market access for overseas investors
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This sharp rise suggests strengthening reserve buffers, which can bolster the rupee’s stability amidst external pressures, and might influence the RBI's outlook on monetary policy and currency management going forward.
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