In the previous week, foreign exchange reserves had risen by $488.2 million to $401.385 billion. :
The country's foreign exchange reserves surged by $3.53 billion to touch a new lifetime high of $404.921 billion in the week to December 22, aided by an increase in foreign currency assets, Reserve Bank data showed today. In the previous week, foreign exchange reserves had risen by $488.2 million to $401.385 billion. The reserves had crossed the $400-billion mark for the first time in the first week of September this year but have been fluctuating since then.