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India's foreign exchange reserves increased by $4.7 billion, reaching $693.6 billion in the week ending August 8, according to RBI data. This rise was primarily driven by revaluation gains from a weaker dollar and higher gold prices, partially offset by the RBI's market intervention, including $5 billion in FX swaps.
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News and Media
Donald Trump and Vladimir Putin met to discuss the Russia-Ukraine conflict. Trump stated the meeting was productive, with both leaders aiming to reduce casualties. They agreed on several points, but some key issues remain unresolved. Trump plans to consult with NATO and Volodymyr Zelenskyy. He praised the efforts of officials from both countries.
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News and Media
Russian President Vladimir Putin met with Donald Trump in Alaska, stating that the Russia-Ukraine conflict might not have occurred if Trump were president in 2022. Putin recalled warning the previous US administration about escalating tensions and emphasized the constructive atmosphere of their negotiations.
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News and Media
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