Indian foreign exchange strengthens again after a multi week low

India's forex reserves rebounded by $1.51 billion to $658.09 billion after an eight-month decline. The Reserve Bank of India's intervention aimed to stabilize the rupee and mitigate global economic shocks. The increase follows a $71 billion drop in 2022, with $58 billion added in 2023.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/P6HDMl3

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