Bolstered by heavy inflows, India's foreign exchange reserves rose by $515 million, crossing the $119 billion mark.
The foreign exchange reserves rose to $119.28 billion, the Reserve Bank of India said in its weekly statistical supplement released on Saturday.
The revaluation and investments
by overseas funds contributed to the surge in inflows, analysts said.
The foreign currency assets were also up by $482 million to $113.78 billion, it said.
Following revaluation, gold reserves spurted by $52 million at $4.19 billion. The Special Drawing Rights remained static at $1 million, the central bank said.
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