India’s forex reserves up $163 mn
India’s foreign exchange reserves rose by $163 million to $317.84 billion for the week ended July 19, Reserve Bank of India (RBI) data showed.
The reserves had increased by $643.2 million to $317.03 billion for the week ended July 11.
According to the RBI’s weekly statistical supplement, foreign currency assets, the biggest component of the forex reserves, also gained by $163 million to $291.05 billion for the week under review.
The foreign currency assets had increased gained $648.7 million to $290.22 billion in the previous week.