India’s $700B Forex Fortress RECLAIMED: $3.83B Surge Signals RBI Triumph Over Oil Wars – Global Shock Absorber Roars Back!
India’s foreign exchange reserves blasted back above the magic $700 billion mark, jumping $3.825 billion to $700.946 billion for the week ended April 10 – a robust rebound after US-Iran oil turmoil slashed them to $697B lows. This third straight weekly gain underscores RBI’s masterful interventions, reclaiming buffer strength amid global chaos and shielding the rupee from further routs. Breakdown of Reserve Boost … Read more