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The country’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, RBI data showed.
In the previous week ended July 9, the reserves had surged by $1.883 billion to $611.895 billion. The increase in forex reserves was on account of the rise in foreign currency assets (FCA). The FCA rose by $463 million to $568.748 billion in the reporting week.
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