The value of the gold reserves increased $78.2 million to $22.764 billion
Forex reserves increased by $150 million to $398.272 billion for the week to February 15 on a rise currency assets and gold holdings, the Reserve Bank said on Friday.
In the previous reporting week, the overall reserves had surged by $2.11 billion to $398.122 billion.
The foreign currency assets, a major component of the overall reserves, increased $88.9 million to $371.07 billion for the reporting week, the RBI said.
Expressed in the greenbacks, foreign currency assets include the effect of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the foreign exchange reserves.
The overall reserves had touched a record high of $426.028 billion in the week to April 13, 2018.
Since then, the forex kitty has been on a slide and is now down by close to $32 billion.
The value of the gold reserves increased $78.2 million to $22.764 billion, the apex bank said.
The special drawing rights with the International Monetary Fund also came down by $ 7.8 million to $1.455 billion.
Similarly, the country's reserve position with the Fund also declined by $9.1 million to $2.982 billion, it said.
Photograph: Dado Ruvic/Reuters
Jet Air may get Rs 500 cr interim funding from banks
CBI issues lookout notice against Chanda Kochhar
Drones steal the show at Aero India 2019
Why Li Ning signed Sindhu for 50 crore