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DAILY NEWS ANALYSIS
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28 July, 2021
1 Min Read
India’s Foreign Exchange Reserves
|
Year |
Foreign Exchange Reserves (US$ Billion) |
|
2016-17 |
370.0 |
|
2017-18 |
424.5 |
|
2018-19 |
412.9 |
|
2019-20 |
477.8 |
|
2020-21 |
577.0 |
|
9th July 2021 |
611.9 |
Source: RBI
International Currencies In Our Forex Reserve-
The foreign currency assets, constituting more than 90 per cent of India’s forex reserves, are maintained as a multi-currency portfolio comprising major currencies, such as US dollar, Euro, Pound sterling, Japanese yen, etc.
For more info on Forex Reserves:https://www.aspireias.com/daily-news-analysis-current-affairs/Forex-Reserves-of-India
Source: PIB
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The relationship between India and the United Arab Emirates has evolved from a traditional energy-based partnership into a comprehensive economic and strategic relationship. Over the years, strong political trust, growing trade, and expanding investments have transformed bilateral ties into a diversified economic corridor. The economic partnership
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