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    Question

    By how much did the Reserve Bank of India purchase in

    the spot foreign exchange market in July 2024?
    A $2.11 billion Correct Answer Incorrect Answer
    B $4.8 billion Correct Answer Incorrect Answer
    C $6.93 billion Correct Answer Incorrect Answer
    D $9.5 billion Correct Answer Incorrect Answer
    E $10 billion Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India made a net purchase of $6.93 billion in the spot foreign exchange market in July 2024.

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