India’s forex reserves jumped by $12.59 billion to a new all-time high of $704.88 billion for the week ended September 27, the Reserve Bank said on Friday. The overall kitty had swelled by $2.84 billion to $692.3 billion in the previous reporting week. The $12.588 billion would be one of the highest weekly rises ever and this is the first time the reserves have crossed the $700 billion mark.
| Subscribe To Our Free Newsletter |
