Country's foreign exchange reserves continued their rise for the second consecutive week, going up by $3.86-billion to $291.56-billion from $287.73-billion last week.
Foreign currency assets, a major component of the forex kitty, shot up $3.79-billion to $264.53-billion for the week ended September 24, data released today by the Reserve Bank of India (RBI) showed.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said.
The total reserves had risen $3.23-billion in the week earlier on the back of healthy rise in foreign currency assets.
Country's gold reserves remained unchanged at a little over $20-billion while there was a marginal $40-million rise in India's Special Drawing Rights (SDRs) to $5.026- billion, the data showed.
The country's reserve position in the International Monetary Fund was also marginally up by $15-million to $1.952-billion, the apex bank data showed.