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India's foreign exchange reserves rose for a fifth straight week to a record $642.63 billion as of March 22. The increase was driven by currency market activity by the central bank.
Large reserves give the RBI room to defend the rupee, which indirectly limits import cost swings for feed buyers.
reuters.comMar 29, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
