06
Sep
Mumbai, India's foreign exchange reserves rose by US$ 3.51 billion to US$ 694.23 billion in the week ended August 29, the Reserve Bank of India (RBI) said on Friday. The total reserves had declined by US$ 4.386 billion to US$ 690.72 billion in the previous reporting week. Foreign currency assets, a major component of foreign exchange reserves, rose by US$ 1.686 billion to US$ 583.937 billion in the week ended August 29, according to the latest data. Expressed in dollars, foreign currency assets include the impact of appreciation or depreciation of non-US currencies such as the euro, pound and yen…
