India's Forex Reserves Add $14.167 Billion To Top $700 Billion

India's Forex Reserves Add $14.167 Billion To Top $700 Billion
The largest component of the foreign exchange reserves, Foreign Currency Assets (FCA), increased by $9.65 billion in the week ended January 16, reaching $560.51 billion. FCA includes the value of other major global currencies such as the yen, euro and pound, in addition to the dollar, expressed in dollar terms.