Mumbai: The country’s foreign exchange reserves rose for the 10th consecutive week to reach a record high of over $608 billion. With this, India has become the fourth largest country in the world in this respect, overtaking Russia.
According to the data released by the Reserve Bank of India today, the country’s reserves of foreign exchange increased by $3.07 billion to $608.08 billion for the week ended June 11. Earlier in the week ended June 04, it had risen by $ 6.84 billion to a record high of $ 605.01 billion and was lower by a marginal margin than Russia.
