MUMBAI: The country’s foreign exchange reserves rose by $1.883 billion to hit a record high of $611.895 billion in the week ended July 9, showed RBI data on Friday.
In the previous week ended July 2, reserves had risen by $1.013 billion to $610.012 billion.
In the reporting week ending July 9. Increase foreign currency The reserves were due to increase in foreign currency assets (FCA), a major component of the overall stock, Reserve Bank of Indiaof (RBI) weekly data is shown.
FCA rose by $1.297 billion to $568.285 billion in the reporting week.
Expressed in dollar terms, foreign currency assets include the effect of appreciation or depreciation of non-US units such as the euro, pound and yen held in foreign exchange reserves.
According to the data, gold reserves increased by $584 million to $36.956 billion in the reporting week.
Special Drawing Rights (SDR) with international monetary fund (IMF) remained unchanged at $1.547 billion.
The country’s reserve position with the IMF rose by $3 million to $5.107 billion in the reporting week, the data showed.
In the previous week ended July 2, reserves had risen by $1.013 billion to $610.012 billion.
In the reporting week ending July 9. Increase foreign currency The reserves were due to increase in foreign currency assets (FCA), a major component of the overall stock, Reserve Bank of Indiaof (RBI) weekly data is shown.
FCA rose by $1.297 billion to $568.285 billion in the reporting week.
Expressed in dollar terms, foreign currency assets include the effect of appreciation or depreciation of non-US units such as the euro, pound and yen held in foreign exchange reserves.
According to the data, gold reserves increased by $584 million to $36.956 billion in the reporting week.
Special Drawing Rights (SDR) with international monetary fund (IMF) remained unchanged at $1.547 billion.
The country’s reserve position with the IMF rose by $3 million to $5.107 billion in the reporting week, the data showed.
.