India's foreign exchange reserves rose by USD 4.546 billion to USD 674.664 billion during the week ended August 16, the RBI said on Friday.
In the previous week, foreign exchange capital had fallen by USD 4.8 billion to USD 670.119 billion. On August 2, total reserves reached an all-time high of USD 674.919 billion.
In the week ended August 16, foreign currency holdings, a key component of reserves, rose by $3.609 billion to $591.569 billion, data released on Friday showed.
Expressed in dollars, foreign currency assets include the effects of appreciation or depreciation of non-US currencies held in foreign exchange reserves, such as the euro, pound and yen.
Gold reserves rose by USD 865 million to USD 60.104 billion during the week, the RBI said.
Special Drawing Rights (SDR) increased by USD 60 million to USD 18.341 billion. India's reserve position with the IMF increased by USD 12 million to USD 4.65 billion during the week.
(Only the headline and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First published: 23 August 2024 | 17:51 IS
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