India's forex reserves reach 666.85 bln USD-Xinhua

India's forex reserves reach 666.85 bln USD

Source: Xinhua

Editor: huaxia

2024-07-20 22:13:45

NEW DELHI, July 20 (Xinhua) -- India's foreign exchange (forex) reserves rose for the second consecutive week reaching 666.85 billion U.S. dollars during the week ended July 12, showed the official data released by the country's central bank, the Reserve Bank of India (RBI).

The forex reserves rose by over 9.7 billion U.S. dollars during the said week, which was said to be the biggest jump in the past four weeks. The forex reserves had risen by 5.16 billion U.S. dollars in the prior week (i.e. ended July 5).

The forex reserves' biggest component Foreign Currency Assets (FCAs) rose to 585.47 billion U.S. dollars, while the Gold Reserves rose to 58.66 billion U.S. dollars.

The country's special drawing rights (SDRs) stood at 18.11 billion U.S. dollars during the week ended July 12, showed the RBI's official data.