Led by foreign currency assets, forex reserves rise $8.6bn, hit high of $725.7bn
Mumbai: Foreign exchange reserves rose by $8.66 billion to a record $725.73 billion in the week ended Feb 13, reflecting valuation gains in gold and non-dollar foreign currency assets amid global market volatility and a softer US dollar.Gold reserves rose by $4.99 billion to $128.47 billion following a surge in international gold prices. The increase…