The country’s foreign exchange reserves surged $3.43 billion to a fresh all-time high of $493.48 billion for the week ended May 29 on a handsome accretion of the core currency assets, the RBI said. The reserves, which are counted as a key strength as the country faces the economic impact of the Covid-19 pandemic, had risen by $3 billion to an all-time high of USD 490.044 billion in the previous week. During the week ended May 29, foreign currency assets, a major component of the overall reserves, increased by $3.50 billion to $455.21 billion, data from the RBI showed