Forex reserves climb to record $455 bn | Editorji
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Forex reserves climb to record $455 bn

Dec 27, 2019 20:09 IST

India's forex reserves increased by $456 million to a fresh lifetime high of $454.948 billion in the week ended December 20, according to the RBI data. In the previous week, the reserves had swelled by over $1 billion to $454.492 billion.

In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by $311 million, weekly data released by the Reserve Bank on Friday showed.

Economy