India's forex reserves at record-high of USD 386.53 billion

India's foreign exchange reserves have increased by 4.007 billion US dollars to touch a record high of 386.539 billion US dollars in the week ended 30th June. 

A RBI press release has informed that foreign currency assets, a major part of the overall reserves rose by 3.724 billion US dollars to 362.388 billion US dollars. In the previous week, the reserves had surged by 576.4 million US dollars to reach



382.53 billion US dollars. Gold reserves also increased by 252.8 million US dollars to 20.348 billion US dollars. 

India's special drawing rights with the International Monetary Fund went up by 11.8 million US dollars to 1.479 billion US dollars, while the country's reserve position also increased by 18.9 million US dollars to 2.322 billion US dollars.