Forex Reserves Up $1.7 B to $303.5 Billion

Foreign exchange reserves rose $1.7 billion to $303.5 billion during the week ended March 18, largely on account of revaluation of non-dollar assets in reserves. Of the total forex reserves comprising foreign currency assets, gold, special drawing rights and the reserve capital with IMF, all components dipped by $1,468 million, $60 million and $140 million, respectively.crackcrack