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India’s foreign exchange (forex) reserves touched yet another all time high as it jumped by $2.32 billion in the week ended February 6 to $330.21 billion.
This follows a stellar week for forex reserves, when it rose by a massive $5.84 billion. In the fortnight of January 26 to February 6, country’s forex reserves have gained a massive $8.16 billion.
Foreign currency assets, which form a bulk of the forex reserves, rose $1.63 billion in the reporting week ended February 6 to $304.95 billion.
Gold Reserves went up $805.3 million to $20.18 billion.
Country’s special drawing rights went up $21.8 million, while it’s reserve position in the International Monetary Fund fell by $130.3 million.
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