Foreign exchange reserves increased by $ 5.92 billion to reach $ 595.1 billion
Mumbai. The country’s foreign exchange reserves increased by $ 5.92 billion to $ 595.1 billion in the week ended June 02 as compared to $ 4.34 billion in the previous week due to increase in foreign currency assets, gold reserves and reserves with the International Monetary Fund (IMF). It had come down to $ 589.14 billion.
According to the weekly data released by the Reserve Bank, foreign currency assets, the largest component of foreign exchange reserves, increased by $ 5.3 billion to reach $ 526.2 billion in the week ended June 02. Similarly, gold reserves increased by $655 million to $45.6 billion during this period.
At the same time, the special drawing rights (SDR) fell by $ 6 million and came down to $ 18.2 billion in the reporting week. Reserves with the IMF increased by $10 million to $5.12 billion during this period.
