Home Business India’s foreign exchange reserves hit a life-time high of $ 424.361 bn

India’s foreign exchange reserves hit a life-time high of $ 424.361 bn

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The India’s foreign exchange reserves hit a life-time high of 424.361 billion US dollar after rising by 1.828 billion dollar in the week to March 30, the Reserve Bank said in Mumbai today.

Previously, the reserves had touched a record high of 421.914 billion dollar on February 9. It had crossed the 400-billion dollar mark for the first time in the week to September 8, 2017, but has since been fluctuating.

Gold reserves remained unchanged at 21.614 billion US dollar, the central bank said.

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