February 13, 2015 9:29 PM

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Forex reserves swells to over $300 billion

India's foreign exchange reserves have swelled by 2.33 billion dollars to touch a new high of 330.213 billion dollar for the week ended 6th February. An RBI press release has said that foreign currency assets, a major part of the overall reserves, increased by 1.633 billion dollars to 304.958 billion dollars in the reporting week.This is the second consecutive all-time high for forex reserves. Last week, the reserves had soared by a whopping 5.846 billion dollars to touch a high of 327.883 billion dollars.

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