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India's foreign exchange records fastest growth since August

Following a massive $14.72 billion increase, India's foreign exchange reserves have grown at the fastest rate since August 2021

India's foreign exchange records fastest growth since August

India's foreign exchange reserves recorded its largest ever weekly increase in the period ending November 11, showing a US$14.7 billion surge.  

The rise is due to the impact of an estimated US$8 billion worth foreign currency purchases by the central bank recently.

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