India's foreign exchange reserves cross $457 Billion mark after continuous rise
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India's foreign exchange reserves are witnessing a continuous growth and it ended the week to touch a new record high. The Reserve Bank of India's reserves rose by $2.52 billion during the week under review, official data showed on Friday. The overall forex reserves increased to $457.46 billion from $454.94 billion. FCAs, the largest component of the forex reserves, edged higher by $2.20 billion to $424.93 billion.