NEW DELHI, April 17 (Xinhua) -- India's foreign exchange (forex) reserves rose by 3.825 billion U.S. dollars to 700.946 billion dollars during the week ended April 10, according to the weekly supplement released by the country's central bank on Friday.
This was the second consecutive week when India's forex reserves rose. In the preceding week, they had risen by over 9 billion dollars.
According to the data from the Reserve Bank of India, the forex's biggest component, Foreign Currency Assets, rose by 3.127 billion dollars to 555.983 billion dollars. The Gold Reserves rose by 601 million dollars to 121.343 billion dollars, while the Special Drawing Rights increased by 56 million dollars to 18.763 billion dollars.
The country's position in the International Monetary Fund improved by 41 million dollars to 4.857 billion dollars. ■
