![Thanks To RBI Intervention, India’s Foreign Exchange Reserves Reached A 10-Month High Thanks To RBI Intervention, India's Foreign Exchange Reserves Reached A 10-Month High](https://timemagazine.in/wp-content/uploads/2023/05/6ca097170e5e3248eaf0873d36a54fd6_w_800_h_450-600x400.jpg)
Thanks To RBI Intervention, India’s Foreign Exchange Reserves Reached A 10-Month High
Economists claim that as a result of the Reserve Bank of India’s constant involvement, India’s foreign exchange reserves have reached a comfortable level. In the week ending April 28, the nation’s foreign exchange reserves rose to a 10-month high of $588.8 billion, showing a remarkable improvement from a decline to $524.5 billion in October 2022…