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Forex reserves rises by $1.589 bn to $349.152 bn last week

Feb 05, 2016    

Country's foreign exchange reserves rose by $1.589 billion to $349.152 billion in the week to January 29, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank.In the previous week, the reserves had increased by $355.1 million to $347.562 billion. FCAs, a major component of overall reserves, increased by $1.584 billion to $326.631 billion in the reporting period, RBI said in a release today.[caption id="attachment_2614450" align="alignleft" width="380"]Read More