<p>Mumbai: India's forex reserves jumped USD 4.837 billion to a new all-time high of USD 651.51 billion for the week ended May 31, the Reserve Bank of India (RBI) said on Friday.</p>.<p>In the previous reporting week, the overall reserves had dropped USD 2.027 billion to USD 646.673 billion.</p>.Forex reserves jump to a record high of $651.5 billion: RBI Guv Das.<p>"Touching a new milestone, India's foreign exchange reserves reached a historical high of USD 651.5 billion as on May 31," RBI Governor Shaktikanta Das said in his statement while announcing the bimonthly policy review.</p>.<p>The previous high for the kitty a crucial guard against any disturbances in the external sector was USD 648.87 billion on May 10.</p>.<p>For the week ended May 31, foreign currency assets, a major component of the reserves, increased by USD 5.065.51 billion to USD 572.564 billion, the data released on Friday showed.</p>.<p>Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.</p>.<p>Gold reserves decreased USD 212 million to USD 56.501 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights (SDRs) were down USD 17 million to USD 18.118 billion, the apex bank said.</p>.<p> India's reserve position with the IMF was up USD 1 million to USD 4.326 billion in the reporting week, the apex bank data showed. </p>
<p>Mumbai: India's forex reserves jumped USD 4.837 billion to a new all-time high of USD 651.51 billion for the week ended May 31, the Reserve Bank of India (RBI) said on Friday.</p>.<p>In the previous reporting week, the overall reserves had dropped USD 2.027 billion to USD 646.673 billion.</p>.Forex reserves jump to a record high of $651.5 billion: RBI Guv Das.<p>"Touching a new milestone, India's foreign exchange reserves reached a historical high of USD 651.5 billion as on May 31," RBI Governor Shaktikanta Das said in his statement while announcing the bimonthly policy review.</p>.<p>The previous high for the kitty a crucial guard against any disturbances in the external sector was USD 648.87 billion on May 10.</p>.<p>For the week ended May 31, foreign currency assets, a major component of the reserves, increased by USD 5.065.51 billion to USD 572.564 billion, the data released on Friday showed.</p>.<p>Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.</p>.<p>Gold reserves decreased USD 212 million to USD 56.501 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights (SDRs) were down USD 17 million to USD 18.118 billion, the apex bank said.</p>.<p> India's reserve position with the IMF was up USD 1 million to USD 4.326 billion in the reporting week, the apex bank data showed. </p>