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India's foreign exchange reserves rise USD 708 mln to USD 602.16 bln

Sat 19 Aug 2023, 13:06:37

Mumbai: India's foreign exchange reserves jumped USD 708 million to USD 602.161 billion for the week ended August 11, the Reserve Bank of India (RBI) said on Friday.

This is the first increase in the kitty after declining for three consecutive weeks. In the

previous reporting week, the overall reserves had declined USD 2.417 billion to USD 601.453 billion.

In October 2021, the country's foreign exchange reserves touched an all-time high of USD 645 billion.

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