Forex kitty swells to record $674.91 bn

Mumbai: India’s forex reserves jumped by $7.533 billion to a new record high of $674.919 billion for the week ended August 2, the Reserve Bank said on Friday. The overall kitty had dropped by $3.471 billion to $667.386 billion in the previous reporting week ended July 26. The previous high for the reserves had stood at $670.857 billion, reached on July 18.