India’s foreign exchange (forex) reserves increased by $643.2 million to $317.03 billion in the week ended July 11.
Foreign currency assets, which form a bulk of the reserves, rose $648.7 million to $290.22 billion in the reporting week.
Gold reserves remained unchanged at $20.63 billion.
Special Drawing Rights (SDRs) and the country’s reserve position in the IMF fell by $4 million and $1.5 million, respectively.