Forex Reserves Rise To $658.8 Billion

India's foreign exchange reserves grew marginally to $658.8 billion in the week ended March 21, according to the data shared by Bloomberg on Friday.

The forex reserves kitty rose $4.53 billion from the preceding week ended March 14 when it stood at $654.27 billion, according to Bloomberg-compiled data.

The rupee closed at the highest level in three months against the US dollar. The Indian unit closed 33 paise higher at 85.46 against the dollar. The local currency opened 13 paise higher at 85.66 against US dollar.