Mumbai, June 20: India’s foreign exchange reserves rose by $2.294 billion to $698.95 billion in the week ended June 13, the Reserve Bank of India said on Friday.
The total reserves had risen by $5.17 billion to $696.65 billion in the previous reporting week ended June 6.
The foreign exchange reserves had touched an all-time high of $704.885 billion at the end of September 2024.
Foreign currency assets, a key component of the reserves, rose by $1.739 billion to $589.426 billion for the week ended June 13, according to data released on Friday.
Foreign currency assets, expressed in dollar terms, include the impact of appreciation or depreciation of non-US units such as the euro, pound and yen held in the foreign exchange reserves.
The RBI said gold reserves rose by $428 million to $86.316 billion during the week. Special drawing rights (SDRs) also rose by $85 million to $18.756 billion, the central bank said. India’s reserve position with the IMF also rose by $43 million to $4.452 billion in the week under review, according to data from the apex bank.
