India, Feb. 6 -- India's foreign exchange reserves surged by USD 14.361 billion to a fresh all-time high of USD 723.774 billion during the week ended January 30, data released by the Reserve Bank of India showed on Friday.
In the previous reporting week, the country's forex reserves had risen by USD 8.053 billion to USD 709.413 billion, surpassing the earlier record high of USD 704.89 billion recorded in September 2024.
During the week under review, foreign currency assets (FCAs), the largest component of the reserves, declined by USD 493 million to USD 562.392 billion, according to RBI data.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....