Revaluation, RBI dollar buys fuelled jump in India's forex reserves

The biggest jump in India's foreign exchange reserves in more than a year was prompted by the country's central bank buying up dollars and on account of revaluation, analysts said on Monday. India's foreign exchange reserves rose by $14.7 billion in the week through November 11 to $544.72, data released on Friday showed. It was the largest accretion to reserves since August last year.

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