India’s forex reserves grew 7.5 per cent in 2023, and are now at a healthy level above $600 billion, helped by FPI and FDI inflows. Other emerging economies, however, present a mixed bag in accretion to reserves.
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India’s forex reserves grew 7.5 per cent in 2023, and are now at a healthy level above $600 billion, helped by FPI and FDI inflows. Other emerging economies, however, present a mixed bag in accretion to reserves.
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