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Today's Brief 9/12/2024

  • Writer: Smriti IASxp
    Smriti IASxp
  • Dec 9, 2024
  • 1 min read

JN Analysis:


1 .Syria : is a country in Western Asia, bordered by Turkey to the north, Iraq to the east, Jordan to the south, Lebanon to the southwest, and the Mediterranean Sea to the west.


It is a multi-ethnic and multi-religious country, with Arabs forming the majority of the population. Islam is the dominant religion, with both Sunni and Shia Muslims present.


Syria gained independence in 1946, but has experienced political instability and conflict since then.

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The Syrian Civil War, which began in 2011, has had a devastating impact on the country. The conflict has resulted in the deaths of hundreds of thousands of people and displaced millions more. The war has also led to the destruction of much of Syria's infrastructure and cultural heritage.


Bashar al-Assad has been toppled in Syria, paving the way for significant political change


2 .Forex Reserves: India's foreign exchange reserves have been fluctuating in recent months. They reached an all-time high of $704.89 billion in September 2023 but have since declined due to the Reserve Bank of India's (RBI) intervention to stabilize the rupee against the US dollar.


As of November 29, 2023, the reserves stood at $658.09 billion.  

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Forex, or FX, is the global decentralized market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling, and exchanging currencies at current or determined prices.


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