NEW DELHI, Jul 6 (NNN-PTI) – India’s foreign exchange (forex) reserves, increased by 4.849 billion U.S. dollars, to 702.784 billion U.S. dollars during the week ended Jun 27, revealed the country’s central bank, the Reserve Bank of India’s (RBI), latest weekly bulletin.
This was the second consecutive week when India’s forex reserves had increased.
According to the RBI’s data, the foreign currency assets rose by 5.754 billion U.S. dollars to 594.823 billion U.S. dollars, while the Gold reserves decreased by 1.239 billion U.S. dollars to 84.504 billion U.S. dollars.
The special drawing rights increased by 158 million U.S. dollars, to 18.830 billion U.S. dollars, and the country’s Reserve Position at the International Monetary Fund rose by 176 million U.S. dollars to 4.628 billion U.S. dollars.– NNN-PTI
