Forex reserves jump USD 1.68 bn to USD 688.94 bn

Forex reserves jump USD 1.68 bn to USD 688.94 bn

NEW DELHI [Maha Media]: India's forex reserves jumped by USD 1.689 billion to USD 688.949 billion during the week ended December 12, the Reserve Bank of India said on Friday.

In the previous reporting week, the overall reserves increased by USD 1.033 billion to USD 687.26 billion.

For the week ended December 12, foreign currency assets, a major component of the reserves, increased by USD 906 million to USD 557.787 billion, according to the data.
 

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