Mumbai, Nov 29 (IANS) India's foreign exchange reserves rose by $347 million during the week ended November 22, official data showed on Friday.
According to the Reserve Bank of India's weekly statistical supplement, the overall forex reserves increased to $448.59 billion from $448.24 billion reported for the week ended November 15.
India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India's reserve position with the International Monetary Fund (IMF).
On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $254 million at $416.72 billion.
Similarly, the RBI's weekly data showed that the value of the country's gold reserves went up by $87 million to $26.79 billion.
Similarly, the SDR value inched up by $5 million to $1.44 billion, while, the country's reserve position with the IMF rose by $2 million to $3.63 billion.
(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)
(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)
We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.
Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.
The Quint is available on Telegram & WhatsApp too, click to join.