Forex reserves hit all time high of $365.49 bn
The country’s foreign exchange reserves increased by $2.81 billion to reach an all time high of $365.49 billion in the week ended July 29, the Reserve Bank of India has said. Foreign currency assets (FCAs), the biggest component of the overall reserves, rose $2.79 billion to $341.04 billion, as per RBI data. Meanwhile, gold reserves remained unchanged at $20.58 billion. 