Even though India's forex reserves have declined in the last few months and the rupee has broken to a record low against the dollar, the country has been able to deal with any external shock. This is believed by the rating agency Fitch. Fitch has also issued a warning to the US praising the Indian economy.
Fitch Ratings said in a report released on Wednesday that India is prepared to deal with the US's strict monetary policies and rising inflation rate globally and has enough foreign exchange reserves to deal with any kind of risk. According to Fitch, the risk to India's credit due to global pressures is very limited.
Let us tell you that after ten weeks of continuous decline in India's foreign exchange reserves, there was an increase in the week ending October 7. During this period, there was an increase of $ 20.4 million in foreign exchange reserves and it had increased to the level of $ 532.868 billion.
Also Read: The rupee closes above 83 against the dollar for the first time, today fell by 61 paise
The Election Commission will hold a press conference today i.e. Monday at noon. In this, election
A heartbreaking incident in Shillong, Meghalaya has shocked the whole country. Now according to t
Measles disease is increasing among children in Maharashtra. According to the state health depart
US President Donald Trump has imposed an additional 25% tax on goods coming from India. This tax
The last vote in the 2024 election year was cast at 6 pm on Wednesday (November 20). Maharashtra'
The strike of transporters and private bus operators continued for the second day on Tuesday in p
Indian Under-19 team's explosive opener Vaibhav Suryavanshi missed out on a big innings in the th
Dates for the Bihar Assembly Elections 2025 may be announced today. This time, the election is ex
The fourth match of the five-Test series between India and England will be played in Ranchi. Both
The Government of India has approved the world's first nasal corona vaccine. Hyderabad-based Bhar
