India's forex reserves rose by $932 million to $264.584 billion for the week ended June 26 as compared to $263.652 billion in the previous week.
Foreign currency assets (FCA), during the week, jumped by $924 million to $253.732 billion as against $252.808 billion in the previous week, the Reserve Bank of India (RBI) said in its weekly report.
FCAs, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves, RBI said.
During the period under review, the country's gold reserves and special drawing rights (SDR) remained static at $9.604 billion and $1 million, respectively, it said.
India's reserve position in the International Monetary Fund (IMF) was up by $8 million to $1.247 billion in the week as compared to $1.239 billion in the previous week, RBI said.
Source : Business Standard