India's forex reserves up by $2.98 bn to hit fresh peak of $648.56 bn
India's foreign exchange reserves hit a record high of $648.56 billion as of April 5, with a $2.98 billion increase. The Reserve Bank of India (RBI) reported the previous week's reserves at $645.6 billion, reflecting a $2.95 billion surge. According to the RBI's Weekly Statistical Supplement, Foreign currency assets (FCAs) rose by $549 million to $571.17 billion, while gold reserves grew by $2.4 billion to $54.56 billion.
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