Forex reserves rise by $2.5 bn to $353.4 bn
India’s foreign exchange (forex) reserves rose for a second straight week by $2.544 billion to $353.408 billion, as on March 18, helped by a $2.524 billion gain in foreign currency assets, the RBI informed on Friday. Forex reserves had risen by $4.075 billion in the previous reporting week. Further, gold reserves remained unchanged at $19.324 billion during the period.