New Delhi, Sept. 14 -- India's foreign exchange reserves rose by USD 4.038 billion in the week that ended September 5 to USD 698.268 billion, driven largely by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement.'
The country's foreign exchange (forex) kitty is hovering close to its all-time high of USD 704.89 billion, reached in September 2024.
The RBI data showed that the gold reserves currently amount to USD 90.299 billion, witnessing a rise of USD 3.530 billion in the reported week.
For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 584.477 billion, a rise of USD 540 million.
After the latest monetary ...
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