Daily Current Affairs on India’s Foreign Exchange Reserves surpasses Russia to become fourth biggest in world for RBI Assistant Exam Preparation

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India’s Foreign Exchange Reserves surpasses Russia to become fourth biggest in world

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India’s Foreign Exchange Reserves surpasses Russia to become fourth biggest in world
  • India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest reserve.
  • The foreign currency holdings of India stood at $580.3 billion as of March 5, as per the data by the Reserve Bank of India (RBI). The reserve of Russia was $580.1 billion.
  • Overall, China has the largest reserves, followed by Japan and Switzerland, as on the International Monetary Fund table.
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By: Rohit Middha
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India has recently surpassed which country to become the fourth largest foreign-exchange reserves in the world ?

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