Forex reserves up USD 205.8 mn to USD 278.81 bn

Mumbai: India's foreign exchange reserves shot up by USD 205.8 million to USD 278.81 billion in the week ended August 16 due to a sharp rise in the foreign currency assets (FCAs), the Reserve Bank said today.   The reserves had risen USD 1.43 billion to USD 278.6 billion in the previous reporting week.   […]

Mumbai: India's foreign exchange reserves shot up by USD 205.8 million to USD 278.81 billion in the week ended August 16 due to a sharp rise in the foreign currency assets (FCAs), the Reserve Bank said today.