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India's forex reserves rise by $2.49 billion to $719.55 billion: RBI data
India's forex reserves increased by USD 2.49 billion to USD 719.547 billion during the week ended November 6, according to the RBI data released on Friday. In the previous week, the forex reserves had dropped by USD 2.691 billion to USD 717.056 billion. The reserves had touched an all-time high of USD 785.706 billion during the week ended September 4, driven by a heavy flow of currency as part of a special concessional swap for deposits from the diaspora through which banks raised a record USD …
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