Forex reserves touch record high at $453 billion

Synopsis

Shutterstock.com
Mumbai: India’s foreign exchange reserves continued their upward trajectory during the week ended December 6 and touched new record highs.

The reserves rose by $2.34 billion during the week under review, official data showed on Friday.

Overall forex reserves increased to $453.42 billion from $451.08 billion reported for the week ended November 29.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)