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Forex reserves soar $3.5 billion to new lifetime high of $446.09 billion - Moneycontrol

Forex reserves soar $3.5 billion to new lifetime high of $446.09 billion - Moneycontrol > The increase in reserves in the reporting week was mainly on account of a jump in foreign currency assets (FCA), a major component of the overall reserves. The country's foreign exchange reserves rose by $3.515 billion to touch a fresh lifetime high of $446.098 billion in the week to November 1, helped by increase in foreign currency assets, RBI data showed on Friday. In the previous week, the reserves had incre… [+1194 chars]

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