India's foreign exchange reserves rose to $653.7 billion during the week ended on June 21, with the rupee hitting a record low against the dollar.
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The rupee weakened this week, like other emerging markets currencies, closing at 83.5612 a dollar on Friday.
India's foreign exchange reserves rose to $653.7 billion during the week ended on June 21, with the rupee hitting a record low against the dollar.
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Prior to this, India's foreign exchange reserves surged by $4.3 billion during the week ended June 7 to scale a life-time high of $655.8 billion.
At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83.48 against the greenback.
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