India’s foreign exchange reserves rose by $1.43 billion to $278.60 billion in the week ended August 9, helped by a gain in foreign currency assets.
The country’s foreign currency assets, which form a lion’s share of the total forex reserves, rose by $1.23 billion to $251.35 billion.
The forex reserves, in the previous reporting week ended Aug 2, stood at $277.17 billion.
There were no changes in the gold reserves at $20.74 billion in the latest reporting week. Special drawing rights rose by $45.4 million to $4.3 billion and Reserve Position in International Monetary Fund (IMF) fell by 64.7 million to $2.10 billion.