India’s foreign exchange (forex) reserves jumped $1.385 billion to $314.92 billion in the week ended June 20, 2014, as per Reserve Bank of India’s Weekly Statistical Supplement.
In the previous week, the forex reserves had risen $950.9 million in the week ended June 13 to $313.53 billion.
During the reporting week, foreign currency assets, which form a bulk of the forex reserves, increased by $1.372 billion to $287.96 billion.
Gold reserves remained unchanged at $20.79 billion.
Special Drawing Rights and the country’s reserve position in the International Monetary Fund increased by $9.3 million and $3.5 million, respectively, RBI said