Forex reserves swell by $4.483 billion to record $585.324 billion
Fri, Jan 8, 2021 8:15 PM

Forex reserves swell by $4.483 billion to record $585.324 billion

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The country's foreign exchange reserves surged by $4.483 billion to touch a record high of $585.324 billion in the week ended January 1, RBI data showed on Friday. In the previous week ended December 25, the reserves had declined by $290 million to $580.841 billion. In the reporting week, the increase in reserves was on account of a rise in foreign currency assets (FCAs).

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