Forex reserves rise by USD 1.46 billion to USD 562.4 billion: RBI

Forex reserves rise by USD 1.46 billion to USD 562.4 billion: RBI

India's foreign exchange reserves rose by USD 1.46 billion to USD 562.4 billion as of March 3, arresting the four successive weeks of fall, the Reserve Bank of India said.

The forex reserves had fallen by USD 15.8 billion during the preceding four weeks. In the previous week ending February 24, the reserves had declined by USD 325 million to USD 560.942 billion, and the week before by a whopping USD 5.68 billion, showed the Reserve Bank of India (RBI) data.