India’s foreign exchange (forex) reserves increased by $1.88 billion to $281.12 billion in the week ended October 18, aided by high growth in its foreign currency assets.
The gold reserves remained unchanged at $21.76 billion, while foreign currency assets were up $1.84 billion at $252.69 billion.
Special Drawing Rights and the country’s reserve position in the International Monetary Fund increased by $25.6 million and $12.7 million, respectively.