India's Foreign Exchange Reserves averaged ₹271.8 billion between 1998 and 2023, reaching an all time high of $642.4 billion in September 2021, and a record low of $290.5 billion in September of 1998. This fiscal, as of Dec 2022, forex reserves have declined sharply to $562.8 billion.
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Budget 2023: Forex Reserves On The Decline
This fiscal, as of Dec 2022, forex reserves have declined sharply to $562.8 billion.
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In the metals market, Gold has surged to a new all-time peak, Copper futures experienced substantial gain, and HRC Steel prices have declined 22.69% since the beginning of 2024.
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