Forex reserves rise by $5 billion to end of life at $609 billion – Times of India

MUMBAI: The country’s foreign exchange reserves rose $5.066 billion to touch a record high of $608.999 billion in the week ended June 25, 2021, RBI data showed.
In the previous week ended June 18, reserves fell by $4.418 billion to $603.933 billion.
During the week under review, an increase in foreign exchange reserves Due to increase in foreign currency assets (FCA), a major component of the overall reserves, Reserve Bank of Indiaof (RBI) weekly data is shown.
FCA rose by $4.7 billion to $566.24 billion.
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.
The data shows that gold reserves increased by $365 million to $36.296 billion in the reporting period.
Special Drawing Rights (SDR) with international monetary fund (IMF) remained unchanged at $1.498 billion.
The country’s reserve position with the IMF rose by $1 million to $4.965 billion in the week, the data showed.

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