Mumbai: The country’s foreign exchange reserve swelled $ 1.013 billion to touch the highest lifetime of $ 610.012 billion in the week ended July 2, RBI data showed on Friday.
The previous week ended June 25, 2021, the reserve has jumped for $ 5.066 billion to reach $ 608.999 billion.
During the week of reporting, the increase in Kitty Forex mainly due to an increase in foreign currency assets (FCA), the main component of the overall reserve.
FCA jumped $ 748 million to $ 566.988 billion, according to weekly data by the Reserve Bank of India (RBI).
Stated in the term dollar, foreign currency assets include the effect of appreciation or depreciation of non-US units such as the euro, pounds and yen held in foreign exchange reserves.
Gold reserves rose $ 76 million to $ 36.372 billion on week reporting.
Special image rights (SDR) with the International Monetary Fund (IMF) rose $ 49 million to $ 1.548 billion.
The position of the country’s reserves with the IMF also increased by $ 139 million to $ 5.105 billion in week reporting, data showed.
Forex reserves rose for a record high of $ 610.012 billion
