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India's forex reserves rose by $1.657 billion to $586.412 billion as of April 14, marking their second consecutive week of increase, according to the RBI data released on Friday.
In the previous reporting week, the overall reserves rose by USD 6.306 billion to USD 584.755 billion.
For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by USD 2.204 billion to USD 516.635 billion, according to the Weekly Statistical Supplement released by the RBI.
India's forex reserves rose by USD 1.657 billion to USD 586.412 billion as of April 14, marking their second consecutive week of increase, according to the RBI data released today.
According to the Reserve Bank of India's (RBI) data supplement released on Friday, India's foreign exchange reserves climbed for a second consecutive week to reach a total of $586.41 billion, a level not seen in more than nine months.