Question
As of August 1, India’s foreign exchange reserves
stood at approximately:Solution
According to the data, India’s forex reserves were $688.9 billion as of August 1. This marked a decline of $9.3 billion from the previous week, attributed to the RBI’s intervention to defend the rupee amidst tariff uncertainty. Maintaining high reserves is critical for currency stability, external trade confidence, and debt servicing.
If C = 24 and HOT = 38, then FEAR = ?
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