New Delhi, Feb. 20 -- India's foreign exchange reserves climbed to a historic high of USD 725.73 billion for the week ended February 13, registering a sharp weekly increase of USD 8.66 billion, according to the latest data released by the Reserve Bank of India (RBI) on Friday.
The surge in reserves reflects sustained capital inflows, improved external sector stability, and valuation gains in reserve components, particularly gold and foreign currency assets.
The largest component of the reserves, Foreign Currency Assets (FCAs), stood at USD 573.60 billion, marking an increase of USD 3.55 billion during the week.
FCAs are expressed in US dollar terms and include the effect of appreciation or depreciation of non-US currencies such as the eu...