Indian foreign exchange reserves surpasses Russia to become 4th largest in the world

The India’s foreign-exchange reserves has surpassed Russia’s to become the world’s fourth-largest. India’s foreign currency holdings fell by $4.3 billion to $580.3 billion as of March 5, edging out Russia’s $580.1 billion pile.

According to IMF table China has the largest reserves, followed by Japan and Switzerland.

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