Mumbai: India’s forex reserves jumped by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the RBI said on Friday.
In the previous week, the forex kitty had dropped by USD 4.8 billion to USD 670.119 billion. On August 2, the overall reserves hit an all-time high of USD 674.919 billion.
In the week ended August 16, foreign currency assets, a major component of the reserves, increased by USD 3.609 billion to USD 591.569 billion, the data released on Friday showed.
