"forex-reserves"

Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.

In the previous week to December 18, the reserves had surged by $2.563 billion to a lifetime high of $581.131 billion

During the reporting week, the increase in forex kitty was on account of rise in foreign currency assets (FCA), a major component of the overall reserves