Hike in Forex reserve hits high of $424.36 billion

Foreign exchange reserves of India experienced a lifetime high achievement of $424.361 billion as the exchange increased by $1.828 billion. An increase of $1.197 billion to $422.532 billion was already seen in the previous week. The reserves first crossed the mark of $400 billion in September 2017 and then saw a record high of $421.914 billion on February 9. The gold reserves stayed constant at $21.614 billion.