India’s foreign exchange (forex) reserves reached an all-time high of 657.155 billion U.S. dollars during the week ended July 5, according to weekly data released by the country’s central bank, the Reserve Bank of India (RBI).
The overall forex kitty rose by 5.16 billion dollars over the preceding week.
While the forex reserves’ biggest component the foreign currency assets (FCAs) stood at 577.11 billion dollars, the gold reserves stood at 57.432 billion dollars, and the special drawing rights were at 18.036 dollars, showed the RBI data.
The FCAs registered a growth of 42.29 billion dollars, while the gold reserves increased by over 904 million dollars during the week.
