Foreign exchange reserves had increased from 9.90 to 716.91 billion dollars a week ago.
Mumbai, (Language) The country's foreign exchange reserves increased by $ 12.42 billion to a new all-time high of $ 729.33 billion in the week ended August 21. The Reserve Bank of India (RBI) gave this information on Friday.
A week before this, foreign exchange reserves had increased by $ 9.90 billion to $ 716.91 billion. Earlier, the record of India's foreign exchange reserves was 728.49 billion dollars., which is 27th February Was recorded in the week ending.
According to RBI data, Foreign currency assets (FCA) increased by $9.48 billion to $591.33 billion in the week ended August 21. Euro in foreign currency assets, The impact of fluctuations in the value of assets held in non-US currencies such as the pound and yen is also included.
The central government and RBI had taken several measures last month to increase foreign exchange inflow into the country. These also include initiatives related to FCNR (B) deposits. So far the country has received $72 billion under concessional swap measures.
In the week under review, the value of gold reserves increased by $ 2.80 billion to $ 114.22 billion. Special Drawing Rights (SDR) increased by $112 million to $18.85 billion. India's deposit position with the International Monetary Fund (IMF) also increased by $ 26 million to $ 4.92 billion.