India's forex reserve is at a record high, and this gives confidence to international investors for investing in the Indian economy, he says
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The reserves have been rising on and off for a long time now. So far in 2024, they have risen over USD 30 billion, on a cumulative basis
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Foreign portfolio investment (FPI) flows surged in 2023-24, with net FPI inflows reaching USD 41.6 billion
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Preceding those three weeks, the Forex kitty had seen three consecutive weeks of decline
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