During the reporting week, the rise in the forex kitty was mainly on account of an increase in foreign currency assets (FCA), a major component of the overall reserves.
FCA surged by $748 million to $566.988 billion, as per weekly data by the Reserve Bank of India (RBI).
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.
Gold reserves climbed $76 million to $36.372 billion in the reporting week.
The country’s reserve position with the IMF too increased by $139 million to $5.105 billion in the reporting week, the data showed.