India's Foreign Exchange -
Is on Record High - $327 Billion
India's foreign exchange reserves is now at new high of $327.88 billion in the week ended January 30, according to data published by the Reserve Bank of India on Friday.
This was a surge of $5.8 billion from the earlier week's tally of $322 billion. The previous high was $322.13 billion recorded for the week ended January 16.
Foreign institutional investors poured in a $26.4 billion into Indian bonds and another $16 billion into shares in 2014. The Indian rupee is one of the best performing Asian currencies so far this year.
The country's gold reserves remained unchanged at $19.377 billion.
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