RBI headquarters in Mumbai. (INDRANIL MUKHERJEE/AFP/Getty Images)India's foreign exchange reserves rose by $2.229 billion during the week ending on 14 January.
According to the Reserve Bank of India's (RBI) weekly statistical supplement, the forex reserves increased to $634.965 billion from $632.736 billion reported for the week ending on 7 January.
India's foreign exchange reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the country's reserve position with the International Monetary Fund (IMF).
On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $1.345 billion to $570.737 billion.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves.
Similarly, the value of the country's gold reserves increased by $726 million to $39.77 billion.
Further, the SDR value increased by $123 million to $19.22 billion.
Meanwhile, the country's reserve position with the IMF increased by $36 million to $5.238 billion.
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