Forex reserves at new life
The increase in reserves in the reporting week was on account of rise in foreign currency assets (FCA), a major component of the overall reserves.
The country's foreign exchange reserves surged by $4.24 billion to touch a record high of $437.83 billion in the week to October 4, according to the latest data from the Reserve Bank of India. In the previous week, the reserves had surged by massive $5.02 bil
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