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By bno – Mumbai Office India’s foreign exchange reserves rose by $2.3bn, reaching a new record high of $683.99bn in the week ending August 30, according to the latest data from the Reserve Bank of India (RBI). In the previous week, ending August 23, the reserves had surged by $7.023bn to $681.688bn. Prior to that, the country’s forex reserves had climbed by $4.546bn, totalling $674.664bn in the week ending August 16, as reported by the RBI. During the week ending August 30, foreign currency assets saw an increase of $1.4bn, bringing the total to $599.03bn. However, India’s reserve position wit…

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