PR No – 169
4th October, 2024
New Delhi
India’s FOREX remains resilient amidst geopolitical vulnerabilities: PHDCCI
Shri Sanjeev Agrawal, President, PHDCCI, said that India’s standing in the global economic ecosystem is being strengthened by India’s all-time high FOREX at over USD 704 billion (as of September 27, 2024), amidst growing geopolitical vulnerabilities.
Continued government policy support and strong monetary policy stance, supported by robust capital markets are propelling India on a higher growth trajectory towards “Viksit Bharat@2047”, said Shri Sanjeev Agrawal.
Strengthened FOREX and a strong monetary policy stance are creating confidence among trade and industry and attracting foreign investments, said Shri Sanjeev Agrawal.
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Warm Regards,
Media Division
PHD Chamber of Commerce and Industry
