India’s Forex Reserves Up By $1.03 Billion To $687.26 Billion, Gold Reserves Jump

India’s Forex Reserves Up By $1.03 Billion To $687.26 Billion, Gold Reserves Jump
The Reserve Bank of India (RBI) routinely monitors developments in the foreign exchange market and undertakes interventions when necessary to preserve orderly trading conditions. India witnessed an unprecedented surge in foreign direct investment (FDI) commitments this year.