India's foreign exchange reserves reclaimed the $400-billion mark again, rising by $1.208 billion to touch $400.741 billion in the week to November 24, according to the weekly data from the Reserve Bank.
In the previous week, the reserves rose by $240.4 million to $399.533 billion, as per the central bank data. The spike in reserves was helped by an increase in foreign currency assets, which are a major component of the overall reserves. The foreign currency reserves increased by $1.208 billion to $376.304 billion for the reporting week, the RBI said on Friday.