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India's foreign exchange reserve jumps up to touch record high
Forex Reserves
Photo Courtesy: Unsplash

India's foreign exchange reserve jumps up to touch record high

| @justearthnews | 31 Mar 2024, 07:53 pm

India's foreign exchange reserve jumped for the fifth straight week to touch the all-time high figure of  $642.631 billion in the week ending on March 22, media reports said.

As per data released by the Reserve Bank of India (RBI), the country's reserves jumped by $139 million in the reporting week.

During the week, gold reserves spiked moved up from $347 million to $51.487 billion.

However, India's foreign currency assets (FCA) declined by $123 million to $568.264 billion, as per data released by the central bank of the country.

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