India's forex reserves rise to 670.86 bln USD-Xinhua

India's forex reserves rise to 670.86 bln USD

Source: Xinhua

Editor: huaxia

2024-07-26 23:54:00

NEW DELHI, July 26 (Xinhua) -- India's foreign exchange (forex) reserves rose by over 4 billion U.S. dollars to reach at 670.86 billion U.S. dollars during the week ended July 19, revealed the data released by the country's central bank, the Reserve Bank of India (RBI) on Friday.

This was the country's all-time high forex reserves.

During the said week the forex reserves' biggest constituent, the Foreign Currency Assets (FCAs), rose by 2.58 billion U.S. dollars to reach at a record level of 588.05 billion U.S. dollars.

The country's Gold reserves too saw a significant boost, rising by 1.33 billion U.S. dollars to reach at 59.99 billion U.S. dollars.