India's forex reserves rise by USD 964 million to USD 675.16 bn in the week ended July 10
Mumbai, July 17 -- India's foreign exchange reserves rose by USD 964 million to USD 675.157 billion for the week ended July 10, mainly supported by an increase in foreign currency assets, according to the Reserve Bank of India's (RBI) Weekly Statistical Supplement released on Friday.
The RBI data showed that foreign currency assets (FCA), the largest component of the forex reserves, increased by USD 930 million during the week to USD 546.508 billion. In rupee terms, foreign currency assets rose by Rs 14,078 crore.
Gold reserves also registered an increase during the reporting week. They rose by USD 24 million to USD 105.230 billion, while in rupee terms, they increased by Rs 1,235 crore.
The country's Special Drawing Rights (SDRs) with...
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