Forex reserves up $813.2 million

India’s foreign exchange reserves increased by $813.2 million to $317.85 billion in the week ended July 18. Foreign currency assets, which form a bulk of the reserves, rose $829.1 million to $291.05 billion in the reporting week. Gold reserves remained unchanged at $20.63 billion. Special Drawing Rights and the country’s reserve position in the IMF fell by $11.5 million and $4.4 million, respectively. Our Bureau