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India’s total foreign exchange reserves increased by $0.11 billion to $292.076 billion in the week ended May 24, according to the Reserve Bank of India.
In the previous reporting week ended May 17, the forex reserves had dropped $1.72 billion to $291.96 billion.
Foreign currency assets, one of the major components of the forex reserves, increased $93.4 million to $ 261.566 billion.
There was no change in the country’s gold reserves, which remained at $23.97 billion. Special drawing rights and reserve position in International Monetary Fund were up marginally by $10.9 million and $5.6 million respectively.
Beena.parmar@thehindu.co.in
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