IANS | 09 Jul, 2023
India's foreign exchange reserves rose by $1.853 billion to $595.051 billion in the week ending June 30.
Foreign
currency assets (FCAs) also rose by $2.5 billion to $528 billion,
according to the weekly statistical supplement released by the RBI on
Friday.
Expressed in dollar terms, the FCAs include the effect of
appreciation or depreciation of non-US units like the euro, pound and
yen held in the foreign exchange reserves.
During the previous
week, the forex reserves had fallen by $2.901 billion to $593.198
billion. The forex reserves had reached an all-time high in October 2021
at $645 billion.
