India’s foreign exchange reserves have witnessed a substantial increase, soaring by USD 15.267 billion to reach USD 653.966 billion by March 7, 2024, driven by a USD 10 billion forex swap conducted by the Reserve Bank of India (RBI). The surge in reserves was primarily attributed to significant growth in foreign currency assets and gold reserves, although the reserve position with the International Monetary Fund (IMF) experienced a slight decrease. This spike marks the most substantial weekly rise in over two years, underscoring India’s robust economic position and stability in the global market. The unprecedented growth in foreign exchange reserves highlights the nation’s resilience and strong financial fundamentals amidst challenging economic conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"
India’s foreign exchange reserves have witnessed a substantial increase, soaring by USD 15.267 billion to reach USD 653.966 billion by March 7, 2024, driven by a USD 10 billion forex swap conducted by the Reserve Bank of India (RBI). The surge in reserves was primarily attributed to significant growth in foreign currency assets and gold […]<\/p>\n","protected":false},"author":0,"featured_media":65550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-1.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65549"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=65549"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/65550"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=65549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=65549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=65549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}