Forex reserves up $2.06 bn to $400.24 bn

The country's foreign exchange reserves increased by $2.063 billion to $400.24 billion in the week to February 1, on account of rise in foreign currency assets, according to the RBI data. In the previous week, the reserves had increased by $1.497 billion to $398.178 billion. In the reporting week, foreign currency assets, a major component of the overall reserves, rose by $1.280 billion to $373.430 billion.