NEW DELHI, Aug 25 (NNN-PTI) – India’s foreign exchange (forex) reserves, increased by 4.546 billion U.S. dollars to 674.664 billion dollars, during the week ended Aug 16, the country’s central bank, the Reserve Bank of India (RBI), revealed in its weekly supplement.
Forex’s major component, the foreign currency assets (FCAs) rose by 3.609 billion dollars, to 591.569 billion dollars.
Gold reserves increased by 865 million dollars, to 60.104 billion dollars, during the cited week, the RBI said.
Similarly, the Special Drawing Rights (SDRs) were up by 60 million dollars to 18.341 billion dollars.
In the previous week (i.e. ending Aug 9), the forex kitty had dropped by 4.8 billion dollars to 670.119 billion dollars. On Aug 2, the overall reserves hit an all-time high of 674.919 billion dollars.– NNN-PTI
