Forex reserves rise by $4 bn to $350 bn
India’s foreign exchange (forex) reserves rose by $4.075 billion to $350.86 billion in the week ended March 4, helped by a $2.448 billion gain in foreign currency assets, the RBI informed on Friday. Forex reserves had fallen by $3.58 billion in the preceding week. Further, gold reserves also increased by $1.628 billion to $19.324 billion during the period.