Mumbai, Jun 15 : India's foreign exchange reserves increased by USD 879.5 million to USD 413.109 billion in the week to June 8, helped by rise in foreign currency assets, the Reserve Bank data showed today.In the previous week, the reserves had declined by USD 593.7 million to USD 412.230 billion.
The reserves had touched a record high of USD 426.028 billion in the week to April 13, 2018. It had crossed the USD 400-billion mark for the first time in the week to September 8, 2017, but has since been fluctuating.
In the reporting week, the foreign currency assets, a major component of the overall reserves, rose by USD 875.4 million to USD 388.391 billion.
Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of the non-US currencies such as the euro, the pound and the yen held in the reserves.
Gold reserves remained unchanged at USD 21.189 billion in the reporting week, the data showed.
The special drawing rights with the International Monetary Fund (IMF) rose by USD 1.8 million to USD 1.499 billion.
The country's reserve position with the IMF also increased by USD 2.3 million to USD 2.029 billion, the apex bank said.
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