India’s forex reserves surge record $44.9 billion to all-time high of $785.7 billion
The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures announced in June. India’s foreign exchange reserves surged by a record $44.903 billion in the week ended September 4, taking the country’s forex kitty to a fresh lifetime high of $785.706 billion, according to data released by the Reserve…