The reserves had touched a record high of USD 426.028 billion in the week to April 13, 2018. In the previous week, the reserves had increased by USD 150.2 million to USD 398.272 billion.
India’s foreign exchange reserves increased by USD 944.7 million to USD 399.217 billion in the week to February 22, due to increase in foreign currency assets, according to the RBI data.
MORE FROM THE AUTHOR
- Biocon appoints Christiane Hamacher as CEO of Biocon Biologics India
- Cold conditions continue in Delhi; rains likely