Forex Reserves increased to USD 309.705 billion

India-s Forex Reserves increased by USD 1.788 billion to USD 309.705 billion for the week ended April 22, as per the recent data released by RBI.

This increase was mainly due to revaluation of the Foreign Currency Assets (FCA), which was dropped by USD 1.749 billion to USD 279.119 billion for the same week.