Bharat Express DD Free Dish

foreign exchange

India’s gold reserves rose by $342 million during the week, reaching $84.846 billion, the Reserve Bank of India (RBI) reported on Friday.

India has once again topped the charts as the world's largest recipient of remittances from its diaspora community.

According to data for 2023-24, China became India's largest trading partner with $118.4 billion in two-way trade, surpassing the US, whose bilateral trade with India stood at $118.28 billion.

A positive cue from domestic equity markets and sustained buying by foreign institutional investors also supported the Indian currency, forex traders said.