Forex reserve hits record high of $426.42 billion

The forex reserve touched a life-time high of $426.42 billion after it surged by $4.215 billion in the week to June 21. The rise in reserves was on account of increase in foreign currency asset, which is a major component of the overall forex reserves. In the previous reporting week, the reserves had declined by $1.358 billion to $422.2 billion.

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