India's foreign exchange reserves rose $1.78 billion to reach $289.67 billion during the week ended June 7 on account of a healthy increase in currency assets.
Total reserves had slid by $4.18 billion to $287.9 billion in the previous reporting week.
Foreign currency assets, a major component of the forex reserves, rose $1.62 billion to $260.13 billion for the week ended June 7, the Reserve Bank of India (RBI) reported on Friday.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said.
Gold reserves were unchanged at $1.138 billion, the apex bank said.
For the week under review, the special drawing rights (SDRs) were up by $61 million at $4.387 billion.
The country's reserve position with the International Monetary Fund (IMF) was also up by a whopping $101 million at $2.326 billion, the apex bank data showed.
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