Forex reserves hit all-time high of $371.99 bn
India's forex reserves rose $1.22 billion to reach an all-time high of $371.99 billion during the week ended September 30, aided by a rise in foreign currency assets (FCA), the RBI data showed. FCA, which constitute the biggest share, surged $1.46 billion to $346.71 billion. Meanwhile, gold reserves declined by $236.4 million, after remaining steady for the past few weeks.