Mumbai: Country's foreign exchange reserves rose by $2.81 billion to reach a life-time high of $365.49 billion in the week to July 29, helped by rise in foreign currency assets, the Reserve Bank said on Friday.
In the previous week, the reserves had dropped by $664 million to $362.69 billion.
Foreign currency assets (FCAs), a major component of the overall reserves, rose $2.79 billion to $341.04 billion in the reporting week, RBI data showed.
FCAs, expressed in dollar terms, include the effect of appreciation/depreciation of non-US currencies such as euro, pound and yen held in the reserves.
Gold reserves remained unchanged at $20.58 billion. The country's special drawing rights with International Monetary Fund increased by $8.5 million to $1.48 billion while the reserve position rose by $13.6 million to $2.39 billion, RBI said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
In the previous week, the reserves had dropped by $664 million to $362.69 billion.
Foreign currency assets (FCAs), a major component of the overall reserves, rose $2.79 billion to $341.04 billion in the reporting week, RBI data showed.
FCAs, expressed in dollar terms, include the effect of appreciation/depreciation of non-US currencies such as euro, pound and yen held in the reserves.
Gold reserves remained unchanged at $20.58 billion. The country's special drawing rights with International Monetary Fund increased by $8.5 million to $1.48 billion while the reserve position rose by $13.6 million to $2.39 billion, RBI said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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