India's forex reserves rise over $14 billion to $701 billion as of January 16

New Delhi [India], January 25 (ANI): India's foreign exchange reserves rose sharply, by USD 14.167 billion in the week that ended January 16, to USD 701.360 billion, driven by a jump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This followed a marginal rise in the previous week.

Over the past few weeks, the forex kitty has been