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Tag "India’s Special Drawing Rights"

SDRs boost India’s forex reserves by over $16 bn

SDRs boost India’s forex reserves by over $16 bn

🕔07:41, 4.Sep 2021

Mumbai, Sep 4  An exponential rise in India’s Special Drawing Rights allocation aided in the accural of over $16.663 billion into India’s foreign exchange reserves during the week ended August 27. In financial parlance, SDRs are international reserve assets which

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