
India’s forex reserves jump USD 4.3 bn to hit new all-time high of USD 655.8 bn
Mumbai: India’s foreign exchange reserves rose for a second straight week to hit a record high of $655.82 billion as of June 7, the central bank said on Friday. The reserves rose by $4.3 billion in the reporting week, adding to last week’s $4.8 billion increase. The Reserve Bank of India (RBI) intervenes in the foreign…