India’s foreign exchange reserves witnessed a substantial increase, reaching USD 653.966 billion by March 7, 2024, after a USD 10 billion forex swap conducted by the Reserve Bank of India (RBI). This surge of USD 15.267 billion marks the largest weekly rise in over two years. The boost was primarily driven by significant increases in foreign currency assets and gold reserves, although the reserve position with the International Monetary Fund (IMF) experienced a slight decline. The growth in reserves reflects India’s efforts to strengthen its economic stability and safeguard against external vulnerabilities. The RBI’s strategic forex operations have played a crucial role in enhancing the country’s forex reserves, providing a cushion against global economic uncertainties. This substantial rise in foreign exchange reserves underscores India’s resilience amidst evolving global economic dynamics and reinforces its position as a key player in the international financial landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"
India’s foreign exchange reserves witnessed a substantial increase, reaching USD 653.966 billion by March 7, 2024, after a USD 10 billion forex swap conducted by the Reserve Bank of India (RBI). This surge of USD 15.267 billion marks the largest weekly rise in over two years. The boost was primarily driven by significant increases in […]<\/p>\n","protected":false},"author":0,"featured_media":65646,"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-1005442-3.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119039729imgsize-1005442-3.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\/65645"}],"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=65645"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/65645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/65646"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=65645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=65645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=65645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}