India’s forex reserves reach new high of 689 bln USD

India's foreign exchange reserves rose 5.25 billion U.S. dollars to reach a new high of 689.24 billion dollars during the week ending on Sept. 6, according to the central bank. In the previous week, forex reserves had increased 2.3 billion dollars. Foreign currency assets, the biggest component of forex reserves, rose 5.11 billion dollars to 604.14 billion dollars. Gold reserves rose 129 million dollars to 61.99 billion dollars. Source: The Namibia News Agency