News > India's Forex Reserves Rise To Over $631.920 Bn

India's Forex Reserves Rise To Over $631.920 Bn

India's foreign exchange reserves rose by $394 million during the week ended March 4. The Reserve Bank of India's forex reserves rose to $631.920 billion from $631.527 billion reported for February 25.

The country's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF. On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $634 million to $565.466 billion.