Forex reserves rise $951 mn

Foreign currency assets, a key component of reserves rose by $959 mn to $286.59 bn

The Reserve Bank of India's (RBI) foreign exchange reserves rose by $951 million to $313.54 billion in the week ending June 13, reveals latest Reserve Bank data released on Friday. Foreign currency assets, a key component of reserves rose by $959 million to $286.59 billion.

Gold reserves remained unchanged during the week. For the week under review, the special drawing rights fell $5.5 million to $4.45 billion, while India's reserve position with the International Monetary Fund was down $2.1 million to $1.71 billion.