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At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High

At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High

NDTV
Saturday, March 23, 2024 04:52:57 AM UTC

During the latest week, India's foreign currency assets (FCA), the biggest component of the forex reserves, rose by USD 6.034 billion to USD 568.386 billion, the central bank's weekly statistical data showed.

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion.

Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.

During the latest week, India's foreign currency assets (FCA), the biggest component of the forex reserves, rose by USD 6.034 billion to USD 568.386 billion, the central bank's weekly statistical data showed.

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